retirement planning

Senate Bill 35: Allowing Automatic Enrollment in Employee Retirement Plans (House version)

Type: Testimony
Published Date: February 2, 2010
Author: Jones, Rich

Allowing Automatic Enrollment in Employee Retirement Plans
House Business Affairs and Labor Committee

February 2, 2010

Rich Jones
Director of Policy and Research
The Bell Policy Center

Summary

Implementing Bell's Blueprint recommendation No. 25 to encourage employers to automatically enroll workers in pension plans

Type: Blueprint for Opportunity 2006
Published Date: December 4, 2006
Author: Jones, Rich

Colorado's political, business and community leaders should encourage employers to use automatic enrollment for 401(k) pension plans. We should also educate workers about the value of participating in these plans and of increasing contributions over time to meet retirement needs. Automatic enrollment is allowed under federal law, and pension reform legislation passed by Congress in August provides additional incentives to do so.

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