An NJ Spotlight Webinar — The Pending Retirement Challenge and a New Solution: Secure Choice
More than half of NJ's private-sector employees have no workplace retirement plans, but a new option promises to redress this shortfall
In New Jersey, over half of all private-sector workers — over 1.7 million people — have no access to a workplace retirement savings option. In fact, most workers ages fifty and older have less than $25,000 in savings and investments. This webinar, held June 16, 2015, explored the Secure Choice plan, a public-private partnership supported by the AARP that allows workers to save for retirement through a payroll deduction, much like a 529 college savings plan. Over 20 states are considering the Secure Choice plan.
Douglas Johnston, AARP New Jersey interim State Director
Johnston has been managing AARP governmental affairs for state and federal issues in New Jersey for almost 15 years focusing on a wide variety of issues from consumer protections in financial and mortgage lending, telemarketing regulation, health care legislation and more. He is a former state legislator and congressional aide.
Sarah Mysiewicz Gill, Senior Legislative Representative, AARP Government Affairs
Mysiewicz Gill served on the Task Force to Ensure Retirement Security for All Marylanders, and was appointed to the position by Gov. Martin O'Malley.
Lee Keough, Editor in Chief, NJ Spotlight