Pa. Eyes Retirement-Savings Plan For Its Portfolio
HARRISBURG, Pa. (AP) – With Pennsylvania facing a wave of retirees leaving the workforce with no savings, top state officials are working to head off the financial blow.
A task force organized by Treasurer Joe Torsella has spurred an effort that now has key state lawmakers writing legislation to create a potentially sweeping retirement savings program that would be administered by Pennsylvania’s Treasury Department.
An estimated 2.1 million people in Pennsylvania, representing one-th
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