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Covid-19 revealed financial insecurities that forced workers and employers to consider the need for rainy-day savings, said Democratic State Treasurer Colleen Davis. Davis said timing was critical for getting the bill across the finish line. As her office was trying...

As of August, the Office of the State Treasurer was in the process of hiring an executive director, who will be responsible for providing oversight of the effort and working with the Delaware EARNS Program Board. Board members include the state treasurer, secretary of...

According to a recent poll conducted by AARP, 92% of Delaware state residents age 45 and older are worried about having enough money to retire, and 66% of residents who work at businesses with fewer than 100 employees do not have a retirement or pension plan. At the...

According to a recent poll conducted by AARP, 92% of Delaware state residents age 45 and older are worried about having enough money to retire, and 66% of residents who work at businesses with fewer than 100 employees do not have a retirement or pension plan. At the...

Delaware has become the latest state to implement automatic enrollment of private-sector employees in individual retirement accounts. The Delaware Expanding Access for Retirement and Necessary Savings Act, requires employers with more than five workers that don’t...

Delaware Gov. John Carney signed the Delaware EARNS Act (Expanding Access for Retirement and Necessary Savings) into law last week, which requires businesses with more than five employees not currently offering retirement plans to enroll in the state program or a...

There are no administrative burdens for small employers - in these now 16 states (and two cities) - that often can’t offer its employees this key benefit option. Benefits Pro

“We’ve worked long and hard to make this program a reality for Delawareans who lack access to an employer-sponsored retirement program,” said State Treasurer Colleen Davis. “I am grateful to Representative Larry Lambert, Senator Nicole Poore, all of their colleagues...

The Delaware EARNS Act is now law. Businesses with more than five employees that do not currently offer a retirement plan would be required to take part in the “Expanding Access for Retirement and Necessary Savings” program, through a payroll process. Governor John...

Delaware Gov. John Carney signed a bill into law Thursday that establishes a state-run retirement program for workers who don't have access to an employee-sponsored retirement plan. The legislation, known as the Delaware EARNS (Expanding Access for Retirement and...