2016 IN Governor's race: on Social Security
Eric Holcomb:
No mandates to offer retirement plans, but voluntary IRAs ok
Q: What would you do to reverse the trend of under saving for retirement?Eric J. Holcomb: Everyone should save for retirement and should be encouraged to do so. However, my administration cannot impose additional burdens upon private industry in the
form of mandates to offer retirement plans. Nevertheless, I would encourage employers to offer direct deposit to individual retirement accounts as a way for those without employer-sponsored plans to save. Moreover, my Economic Development Plan is
designed to foster better paying jobs that should facilitate a greater amount of disposable income to save for retirement.
John R. Gregg: It has to be easier for people to save.
We should provide incentivizes to employers, and saving for retirement should always be an opt-out, not opt-in, system. I also pledge to always advocate federally to protect and strengthen our Social Security system.
Source: AARP Voter Guide on 2016 Indiana Gubernatorial race
Oct 31, 2016
John Gregg:
Pledge to always protect & strengthen Social Security system
Q: What would you do to reverse the trend of under saving for retirement?John R. Gregg: It has to be easier for people to save. We should provide incentivizes to employers, and saving for retirement should always be an opt-out, not opt-in, system.
I will explore policies like AARP's proposed HERO legislation that give employers and employees better access to retirement savings opportunities through a state run portal. Creating employee saving opportunities aren't easy for small businesses who
employ a majority of Hoosiers. We need to explore fiscally responsible ways to help them provide those benefits. I also pledge to always advocate federally to protect and strengthen our Social Security system.
Eric J. Holcomb: My administration cannot impose additional burdens upon private industry in the form of mandates to offer retirement plans. I would encourage employers to offer direct deposit to individual retirement accounts.
Source: AARP Voter Guide on 2016 Indiana Gubernatorial race
Oct 31, 2016
Mike Pence:
Personal investment for Social Security retirement
"Conservatives want to see personal retirement accounts that have immediate relevance to younger Americans, that they can see the value, and that will require that they be big and that they be implemented in the final bill without delay," said Rep. Mike
Pence. Pence said Republicans have come to agreement on principles for fiscal discipline and Social Security, and are prepared to be the conservative balance trying to give the president the backing to pursue the boldest possible plans on both issues.
Source: Washington Times on 2016 Indiana gubernatorial race
Jul 14, 2016
Page last updated: Nov 30, 2021
Beshear(D)
vs.