Delaware Joins the State Auto-IRA Push
Legislation The First State has now entered the push to provide its private sector workers who do not have access to an employer-sponsored retirement plan with access to a state-facilitated retirement plan. The legislation (HB 205), which was spearheaded by State Treasurer Colleen Davis and introduced May 20 by State Representative Larry Lambert (D-Claymont) in the Delaware House of Representatives, would establish the Delaware Expanding Access for Retirement and Necessary Savings (EARNS) program. In general, HB 205 would require private-sector businesses with five or more employees that ...