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Pete Buttigieg, mayor of South Bend and 2020 presidential candidate, speaks with members of the media following the Democratic presidential candidate debate in Houston, Texas, U.S., on Thursday, Sept. 12, 2019. At the third Democratic presidential debate in Houston on Thursday, Joe Biden and Elizabeth Warren shared a stage for the first time, giving voters and pundits their first chance to directly compare the two candidates. Photographer: Callaghan O'Hare/Bloomberg Democratic presidential candidate Pete Buttigieg. (Photo: Callaghan O’Hare/Bloomberg)

Democratic presidential candidate Pete Buttigieg, the mayor of South Bend, Indiana, released Monday a new proposal for a public 401(k) option as a companion to his health care proposals.

Buttigieg “is proposing to create a government-run 401(k) plan that would be attached to Social Security,” said Brian Graff, president and CEO of the American Retirement Association in Washington.

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