The Labor Department has extended the safe harbor for state-run retirement plans toqualifying cites and counties.
The amended rule means that some cities and counties will beable to require businesses that don’t provide a workplaceretirement savings program to enroll workers in agovernment-administered IRA.
In order to qualify, a city or county must have a population atleast as large as the population of the least populous state, whichis currently Wyoming. Census Bureau data from 2014 puts thepopulation of Wyoming at 584,153.
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