WebOn June 8, 2024, Governor Phil Scott (R-VT) signed into law S.135 (Secs. C1 & F1, pages 70-76) the new “Green Mountain Secure Retirement Plan,” the first state-facilitated multiple-employer plan (MEP) in the nation. The bill passed the Vermont legislature with strong tri-partisan support. WebConcerned with the retirement security of their workers, some state legislatures have enacted laws that create state-sponsored retirement savings plans for private-sector workers. Many other states are considering similar action. The industry can expect more activity in this area in the coming months.
Tips and To-Dos for State-Mandated Retirement Plans OnPay
WebJul 26, 2024 · Those who opt in will auto-enroll employees into the Green Mountain Secure Retirement Plan. It is ERISA-compliant, and so is largely unaffected by the congressional action. Massachusetts passed a ... WebOFFICE OF THE STATE TREASURER PAGE 3 OF 5 109 STATE STREET • MONTPELIER, VERMONT 05609-6200 TREASURER: (802) 828-1452 • TOLL-FREE (in … ntw shoes
Green Mountain Secure Retirement Plan - Bid Information - State …
WebMay 18, 2024 · retirement plan called the Green Mountain Secure Retirement Plan, a Multiple Employer Plan (MEP) available on a voluntary basis to employers with 50 or fewer employees who do not offer a retirement plan, and to self-employed persons, pursuant to a specific proposal to be development by the Public Retirement Study Committee … WebLocations: State-Wide Keywords: Financial Services Bid Description: The Office of Purchasing & Contracting on behalf of the Green Mountain Secure Retirement Board (Board) is soliciting responses to this Request for Proposal (RFP) from Respondents qualified to provide all recordkeeping, administrative, and fund management services … WebMay 2, 2024 · retirement plan called the Green Mountain Secure Retirement Plan, a Multiple Employer Plan (MEP) available on a voluntary basis to employers with 50 or … ntw senior living