A growing number of employees in Oregon are stashing away some of their earnings under a state-run retirement savings program, and four other states are set to follow.
OregonSaves, the first state retirement savings program for private-sector employees to go into effect, had about 300 employers registered with the system and 19,230 employees with active accounts as of Jan. 24, a spokesman for the program told Bloomberg Law. The plan took effect in October and is paving the way for similar plans in other states.
“We are pleased that to date most employers have been supportive of OregonSaves. That includes ...
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