Advocacy

About 7.5 million Californians whose employers do not offer a retirement savings plan will soon have a way to save for retirement through payroll deductions.

FOR IMMEDIATE RELEASE:

AARP California is proud to celebrate the successful passage of “The Los Angeles County Traffic Improvement Plan”, or Measure M, with residents of all ages across the County’s 88 cities.

Los reside ntes de los Ángeles gastan un promedio de 81 horas anuales atascados en el tráfico, esperando por autobuses y trenes y navegando por calles hostiles para los ciclistas y los peatones. Estas son horas perdidas que podrían convertirse en tiempo compartido con nuestras familias, niños, abuelos y amigos.

SACRAMENTO – Today, AARP applauded California Governor Jerry Brown for signing into law the landmark Senate Bill 1234, California Secure Choice Retirement Savings Act (SB 1234), introduced by Senate President Pro Tem Kevin De León. In signing SB 1234, California has created an auto-enrolled, supplemental retirement savings program for nearly 7 million private sector workers in California who did not previously have access to a retirement savings plan through their job.

Los Angeles residents spend an average of 81 hours per year stuck in traffic, waiting for buses and trains, and navigating streets that are unfriendly for bikes and pedestrians. These are hours that could instead be filled with quality time with our families, kids, grandparents, and friends.

SACRAMENTO – Today, AARP commended the California State Legislature for their landmark passage of the California Secure Choice Retirement Savings Act (Senate Bill 1234), introduced by Senate President Pro Tem Kevin De León. The bill passed out of Senate concurrence and now awaits signature by California Governor Jerry Brown. If Gov. Brown signs SB1234, it would create an auto-enrolled, supplemental retirement savings program for more than 7 million private sector workers in California who do not have access to a retirement savings plan through their job.

SACRAMENTO – Today, AARP applauded the vote on the Assembly Floor (52-26) passing the California Secure Choice Retirement Savings Act (Senate Bill 1234), introduced by Senate President Pro Tem Kevin De León, back to the Senate for concurrence. AARP strongly supports SB 1234, which, if passed out of concurrence and signed by Governor Brown, would create an auto-enrolled, supplemental retirement savings program for more than 7 million private sector workers in California who do not have access to a retirement savings plan through their job.

Tuesday, August 2, 2016

By Laura Mecoy