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A Symposium in Philadelphia Will Examine Retirement-Security Policies at the Local Level
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(66 seconds)
-- How Will You Use This Story? --
(OPEN):
THIS WEDNESDAY [OCTOBER
19TH], A SYMPOSIUM IN PHILADELPHIA AIMS TO INFORM POLICYMAKERS, BUSINESS-LEADERS, AND OTHERS, ABOUT RETIREMENT-SECURITY POLICIES AT THE LOCAL LEVEL.
BILL JOHNSTON-WALSH IS THE STATE-DIRECTOR OF "A-A-R-P
PENNSYLVANIA"--WHICH IS CO-SPONSORING THE MEETING...
(JOHNSTON-WALSH):
"NEARLY HALF OF
PENNSYLVANIA'S 'BABY-BOOMERS' AND 'GEN-X'ERS' WILL LACK THE INCOME TO MEET THEIR BASIC EXPENSES AND HEALTHCARE-COSTS, IN RETIREMENT.
WHAT'S MORE, WELL OVER TWO-MILLION PRIVATE-SECTOR EMPLOYEES, THROUGHOUT THE STATE, WORK FOR AN EMPLOYER THAT
DOESN'T OFFER A RETIREMENT-PLAN. THE GOOD NEWS, THOUGH, IS THAT THE CITY OF PHILADELPHIA IS EXPLORING A PROPOSAL THAT WOULD ALLOW SMALL BUSINESSES TO OFFER THEIR EMPLOYEES A WAY TO SAVE.
THIS COULD GREATLY HELP NEARLY 350-THOUSAND WORKERS, THROUGHOUT THE CITY, MEET THESE RETIREMENT-CHALLENGES.
IT'S CRITICAL THAT PENNSYLVANIANS PLAN AND SAVE FOR RETIREMENT--AND TO ENSURE THAT THEY CAN EASILY DO SO.
THE BEST WAY TO DO THAT IS THROUGH A WORKPLACE SAVINGS-PLAN."
(CLOSE):
THE SYMPOSIUM WILL BE HELD ON WEDNESDAY, AT THE
UNIVERSITY OF PENNSYLVANIA'S "HOUSTON HALL".
TO LEARN MORE, VISIT "A-A-R-P"-DOT-ORG-SLASH-"P-A".
