Finances 50+

AARP California y LULAC (Liga de Ciudadanos Latinoamericanos Unidos) presentarán el estudio 'California: ¿Lugar de ensueño o lugar de lucha?', el cual muestra que los altos costos de vivienda impiden que los latinos se jubilen

Document-Shredding Events and Education Sessions Will Help Consumers Avoid Fraud

FOR IMMEDIATE RELEASE

By Elizabeth Blish Hughes

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.

Gardena, CA – At a ceremony today at the Second Time Around Senior Club, Representative Maxine Waters (CD 43) was presented with AARP’s “Champion of 50+” award, in recognition of her strong support for a new U.S. Department of Labor rule, which requires that retirement plan advice be given in the best interest of consumers – a rule which could save American families billions of dollars per year. Rep. Waters also voted AGAINST legislation that would have stopped the rule from taking effect.

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.

SACRAMENTO – Today, AARP applauded the vote on the Senate Floor passing the California Secure Choice Retirement Savings Act (Senate Bill 1234) introduced by Senate President Pro Tem Kevin De León into the Assembly. AARP strongly supports SB 1234, which, if passed by the legislature 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.

By Laura Mecoy

By John Chiang