President Barack Obama's call for the creation of retirement accounts to help U.S. workers has spurred a Connecticut coalition to once again urge lawmakers to help the 740,000 workers in the state who are not covered by an employer-sponsored plan.
"We are thrilled to see the president lead in this area, and hope Connecticut legislators will follow his lead by passing the Retirement for All bill," said Bette Marafino, president of the Connecticut Alliance for Retired Americans. "This … measure … would create a public retirement plan that employers could offer to their employees, at no cost to the state."
The alliance is part of the Retirement for All CT Coalition, which was formed to urge passage of the bill proposed by Senate Majority Leader Martin Looney, a Democrat. In 2013, the bill, which Looney has said is modeled on similar legislation in California, won the support of the Joint Committee on Labor and Public Employees.
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