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RECENT VOTESMaking it Harder to Save for Retirement, Parts 1 & 2On Wednesday February 15, 2017 the House considered H.J. Res. 66, Disapproving of the rule submitted by the Department of Labor relating to savings arrangements established by states for non-governmental employees. This rule established a framework for states to create workplace savings plans for private sector employees who don’t have access to savings plans through their jobs. Some employers provide these opportunities but many do not. So far, Massachusetts and 7 other states have created these savings plans for their residents. H.J. Res. 66 effectively eliminates this program. I voted NO. The resolution passed and the entire vote is recorded below:
The House also considered H.J. Res. 67, Disapproving of the rule submitted by the Department of Labor related to savings arrangements established by qualified state political subdivisions for non-governmental employees. This DOL rule is similar to the one described above except it specifically applies to large municipalities and counties. This rule allowed these entities to create workplace savings plans for employees who do not have access to retirement savings plans through their own employer. I voted NO. H.J. Res. 67 passed and the entire vote is recorded below:
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