Nate Boulton on Social Security | |
The fist bill, SF 2088, creates Retirement Savings Iowa, a program that would create a public fund that would be offered to Iowa's private sector workers through their employers. Businesses that do not already provide employees with a retirement savings option would be able to offer their employees the option of investing a percentage of their paycheck in a state-managed retirement account.
The second bill, SF 2087, looks into a portable benefits program for nontraditional workers and independent contractors who are usually ineligible for health care and other employment-related benefits.
Boulton said, "By protecting IPERS, expanding access to retirement savings plans, and working to provide benefits for workers in our growing 'gig' economy, we can support working families and ensure they receive the benefits they deserve as they age."