SAN DIEGO – Oregon's about to do it, Connecticut isn't far behind and even more states are expected to join Illinois in setting up their own savings programs, according to a presentation Sunday at this year's NAPA 401(k) Summit.
The motivation to do so is partly about helping Americans save for retirement. But state lawmakers around the country also are worried about the expense of caring for an aging population without the means to do so on its own.
"That's why I don't think this concept needs to be a partisan concept," Illinois state Sen. Daniel Biss said.
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