Oregon's Retirement Savings Plan
Oregon is one of five states that have passed legislation creating a retirement savings plan for people who lack one through their employer. In 2015, Oregon’s plan was passed which will let workers save part of their own paychecks into their own professionally managed accounts. The goal in California, Oregon, Illinois, Maryland, and Connecticut over the next few years is to give workers the chance to save for retirement at work. Proposed administrative rules are open for public comment until January 8, 2017.
Joel Metlen with Oregon’s Retirement Savings Plan is in the process of recruiting businesses to volunteer to participate in a pilot scheduled to begin in July 2017. If you are interested in participating in the pilot, contact Joel at Joel.metlen@ost.state.or.us or 503-559-4154.
