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Proponents of the safe harbor say the state plans are a necessity, as responsibility for retirees leaving the workforce with little or no savings will fall to the states. (Photo: iStock)

Officials in California, Illinois, and Oregon are vowing to move forward with state-administered retirement programs even after the Senate scuttled an Obama-era regulation that paved the way for such plans.

Nick Thornton

BenefitsPRO

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