Calif. could be a model for private-sector retirement fix

11/21/2012 | MarketWatch

The California Secure Choice Retirement Savings Trust could prove a template for other states to use to solve the private sector's pension crisis, Alicia Munnell writes. The proposal, which needs federal approval and a second legislative win, would create a retirement plan for private-sector employees who don't have one on the job, without using taxpayer funds.

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