It seems the retirement savings plans of Americans — or lack thereof — have garnered the attention of more legislators. This time, the Oregon House of Representative passed a bill establishing a task force to research creating a statewide retirement plan for private-sector workers.
House Bill 3436 passed 33-25 with voting along party lines and now goes to the state Senate.
Two Oregon Democrats teamed up with State Treasurer Ted Wheeler to design the proposed state-sponsored retirement fund. The retirement plan would allow Oregon residents to contribute to an account managed by the state.
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