Minnesota Secure Choice Retirement Act
ST. PAUL, MN – Sen. Sandy Pappas (DFL-St. Paul), Rep. Jamie Becker-Finn (DFL-Roseville), businesses owners, representatives from AARP and SEIU, along with numerous stakeholders are participating in a press conference on Wednesday, April 5, 2017 at 10:00 a.m. to highlight important legislation to address Minnesota’s retirement savings crisis.
What: Press conference on the Minnesota Secure Choice Retirement Act S.F. 2303/H.F. 2570. Senate authors: Pappas, Abeler, Eaton, Rosen. House authors: Becker-Finn, Thissen, Bernardy, Metsa, Freiberg, Maye Quade, Lien.
Why: Many Minnesotans do not feel financially prepared for retirement. More than one-third of Minnesotans feel they are behind schedule for planning and saving for retirement. Half of respondents feel anxious about having enough money for retirement and 84 percent wish they had more money saved for retirement. Almost 79 percent of those not offered a retirement savings plan at work would take advantage of a way to save for retirement at work if offered.
Who: Sen. Sandy Pappas, Rep. Jamie Becker-Finn, Andy Papacosta, a representative of Gandhi Mahal restaurant in Minneapolis, Jon Pratt, Minnesota Council of Nonprofits, Elia Starkweather, a janitor and member of SEIU Local 26, and other community members experiencing retirement insecurity.
When: Wednesday, April 5, 2017 at 10:00 am
Where: Minnesota State Capitol Press Room, B971 Capitol