Legislators launch bipartisan effort to inform the public about retirement security programs

Legislators launch bipartisan effort to inform the public about retirement security programs

Pennsylvania Treasurer Joe Torsella Thursday joined together with a bipartisan group of legislators and retirement security advocates to launch a website aimed at promoting transparency about what Pennsylvania is planning to do for retirement security.

Thursday, February 8, 2018/Author: Taylor Allen
VIDEO: Rep. Ellis and Rep. Driscoll introduce legislation to protect Pennsylvania consumers

VIDEO: Rep. Ellis and Rep. Driscoll introduce legislation to protect Pennsylvania consumers

Rep. Brian Ellis (R-Butler) held a press conference Tuesday morning where he and Rep. Mike Driscoll (D-Philadelphia) announced two pieces of legislation that would help protect Pennsylvania consumers in instances where their identities have been stolen.

Tuesday, October 3, 2017/Author: Kara Barmoy
Categories: Video
Rollback of Obama-era Labor Department rule muddies PA plans to develop private retirement security plans

Rollback of Obama-era Labor Department rule muddies PA plans to develop private retirement security plans

Just this past Wednesday, the US Senate voted 50-49 to roll back an Obama-era Department of Labor rule that allows cities and counties to develop retirement security plans for private-sector employees not already benefiting from an employer-run plan.

 

A similar rollback of a rule allowing states to develop these plans has not yet been subjected to a vote in the Senate, though it has passed the US House of Representatives overwhelmingly and could be voted on at any time.

Friday, March 31, 2017/Author: Jason Gottesman
New legislation aims to address “Silver Tsunami”

New legislation aims to address “Silver Tsunami”

Looking address the so-called “Silver Tsunami” of people retiring without the savings or revenue to meet expenditures, Representatives Mike Hanna (D-Clinton) and Mike Driscoll (D-Philadelphia) are introducing legislation to bridge the gap for Pennsylvanians who do not have employer-sponsored retirement plans.

 

The proposal—still in co-sponsorship memo form—would form the Keystone Retirement Security Program to allow for automatic payroll deductions for Pennsylvanians who elect to participate in the program.

Monday, September 12, 2016/Author: Jason Gottesman
Categories: News and Views
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