For states wishing to introduce legislation that establishes retirement savings programs for private sector workers, examples of model legislation are available.
A Guide to State-Facilitated Retirement Savings Legislation, 2017 – Partner Access Only. This guide documents the legislation enacted or introduced in state and cities during 2017, organized by type of model considered.
State Auto-IRA (“Secure Choice”) Program
Secure Choice 2.0: States Blazing a Path to Retirement Security for All, by the National Conference on Public Employee Retirement Systems (NCPERS), offers model legislation for an auto-IRA program (see Appendix 2).
State Multiple Employer Plan (MEP)
Multiple Employer Plans (MEPs) – An Overview of Legal, Regulatory and Plan Design Considerations for States, by the Georgetown University Center for Retirement Initiatives (CRI), offers model legislation for a MEP program (see Appendix B).