Archives: Washington Policy Watch

Seattle’s Encouraging Move Towards Universal Retirement Coverage

retirement

John Burbank | October 2, 2017

Seattle Mayor Tim Burgess has announced his intention to implement a retirement savings plan for private sector employees whose employers do not provide any kind of retirement savings vehicles. In the Seattle metro region, that’s about a third of all workers. While Mayor Burgess’ proposal is far from righting

The Truth About Social Security’s Solvency and You

social security

Economic Opportunity Institute | June 24, 2016

What’s ahead, what the candidates say, and a forecast for Medicare [By Chris Farrell via Next Avenue] Social Security’s recently released 2016 Annual Report of the Board of Trustees on the system’s financial condition is 272 pages long and a doorstop. The report is dense, full of detailed tables and conservat

There’s still time to register for Tuesday’s retirement security salon!

Photo credit: Simon Cunningham/Flickr Creative Commons

Economic Opportunity Institute | June 8, 2015

What: Washington Policy Watch: 2015 Legislative Session – Retirement Security When: Tuesday, June 9, 2015: 5:30 – 7:00 pm Where: Lloyd Building, 603 Stewart Street, Suite 420, Seattle, WA 98101 Cost: Free, donations accepted RSVP: Required, register here Join EOI Senior Policy Associate Gary Burris and Sen. M

States Tackle America’s Retirement-Savings Shortfall

mullet-springer

Economic Opportunity Institute | June 8, 2015

Ed. Note: Legislation creating Washington’s Small Business Retirement Marketplace was developed and supported via collaboration between the Economic Opportunity Institute, AARP Washington, Small Business Majority, and state legislators. A growing number of state legislatures are trying to solve the nation’s r

State-sponsored retirement savings plans off to a strong start in 2015

state retirement security efforts

Economic Opportunity Institute | June 2, 2015

On May 18, 2015, Washington became the 4th state to enact a law to provide private sector workers with new options for retirement savings. These state efforts continue to gain significant momentum. Illinois enacted its Secure Choice retirement savings plan in January 2015, joining Massachusetts and California

State makes it easier to save for retirement

John Burbank | May 20, 2015

When you think about retirement, you can imagine a life in which you are freed from decades of work, having to put up with a bad boss or difficult co-workers, able to take your time waking up in the morning and go for a walk, a bicycle ride, garden, or just talk to your neighbors and enjoy the local coffee ho

New Law To Help More Washington Workers Save for Retirement

Photo: Pug50 via Flickr Creative Commons

Economic Opportunity Institute | May 19, 2015

OLYMPIA, Wash. – Washington has taken a step toward addressing the retirement savings crisis in the state. Gov. Jay Inslee signed a bill into law on Monday to create an online marketplace where small business owners can choose from low-cost retirement plans offered by financial service companies. The bill was

Washington’s Small Business Retirement Marketplace will help thousands save

Credit: 401(K) 2012/Flickr Creative Commons

Economic Opportunity Institute | May 18, 2015

Washington Governor Jay Inslee signed bipartisan legislation into law today that will make it easier for thousands of private-sector, small business workers to access retirement savings programs through their employer and have the opportunity to build a financially secure future. The Small Business Retirement

What good is the “Land of Opportunity” if you’re kept offshore?

Photo: Jason Mrachina/Flickr Creative Commons

EOI Intern | April 17, 2015

A recent study from the Pew Research Center found that 70 percent of households face financial strains, are unable to save money and could not withstand a financial emergency. At a time when economic trends are increasingly negative, it seems that the “land of opportunity” is more of a pipe dream than it is a

Retirement security legislative update: February 25, 2015

Photo credit: Simon Cunningham/Flickr Creative Commons

Gary Burris | February 25, 2015

Half of U.S. workers do not have access to a retirement plan at work other than Social Security. We must continue to fight in Congress to strengthen that fundamental program, but other forms of retirement savings will remain important for long-term economic security, especially as our population ages. The mod

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