Thousands of Delaware workers are a step closer to secure retirement savings.
Gov. Carney on Thursday signed legislation establishing the Delaware Expanding Access for Retirement and Necessary Saving program – or EARNS.
The measure requires businesses with more than five employees that don’t currently offer a retirement plan to participate through a simple payroll process.
The Office of the State Treasurer said it is now beginning to build the infrastructure for the retirement program, including hiring an executive director to guide the program.