Connecticut Retirement Security Authority

The U.S. Department of Justice has signed onto a lawsuit challenging the legality of California’s retirement savings program, which could ultimately affect Connecticut’s plan to implement 401(k) style retirement plans for private-sector workers. The Dept. of Justice filed a brief in the Howard Jarvis Taxpayers Association v. Chiang and the ...

A provision in the 2019 budget deal eliminates the inclusion of multiple private vendors from Connecticut’s retirement-for-all program, leaving the state to choose only one vendor to offer different retirement plans and products to private workers. The inclusion of multiple vendors in the Connecticut Retirement Security Authority was pushed by ...