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GAO: Retirement Security: Federal Action Could Help State Efforts to Expand Private Sector Coverage

September 1, 2015

Pursuit's Take

About half of private sector workers in the United States—especially those who are low-income or employed by small firms—lack coverage from a workplace retirement savings program primarily because they do not have access. GAO suggests that Congress consider providing states limited flexibility regarding ERISA preemption to expand private sector coverage.

Media Coverage

Pensions & Investments: GAO report: Give states help with private-sector plans

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