Create Automatic Workplace Pensions
Obama’s retirement security plan will automatically enroll workers in a workplace pension plan. Under his
plan, employers who do not currently offer a retirement plan, will be required to enroll their employees in
a direct-deposit IRA account that is compatible to existing direct-deposit payroll systems. Employees may
opt-out if they choose. Experts estimate that this program will increase the savings participation rate for low
and middle-income workers from its current 15 percent level to around 80 percent.

why does the employer have to take this on ?

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Aint but three things in this world thats worth a solitary dime,
But old dogs and children and watermelon wine.
Tom T. Hall
http://www.obamatruth.org/