Pennsylvania SB1069 establishes the Keystone Saves Program, a retirement savings program for employees of participating employers.

Pennsylvania SB1069 establishes the Keystone Saves Program, an automatic enrollment payroll deduction IRA within the Treasury Department. The program aims to promote retirement savings for employees of participating employers. Employers must offer participation, automatically enroll employees unless they opt out, and take regular deductions from wages. The program includes the Keystone Saves Program Fund and Administrative Fund, with investment policies developed by the department.

Pennsylvania SB1069 establishes the Keystone Saves Program, a retirement savings program for employees of participating employers.

Pennsylvania SB1069 establishes the Keystone Saves Program, an automatic enrollment payroll deduction IRA within the Treasury Department. The program aims to promote retirement savings for employees of participating employers. Employers must offer participation, automatically enroll employees unless they opt out, and take regular deductions from wages. The program includes the Keystone Saves Program Fund and Administrative Fund, with investment policies developed by the department.