Add Maryland to the list of states actively looking to sponsor retirement plans for private sector workers.
Today, at a press conference attended by Labor Secretary Thomas Perez, leaders in that state’s legislature announced the formation of the Commission on Maryland Retirement Security and Savings.
Perez’s presence underscored the Obama Administration’s intent to facilitate state-administered retirement plans that automatically enroll employees in the private sector when they don’t have access to a workplace plan.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
