Statement: California’s Secure Choice Retirement Savings Program Promotes Financial Empowerment for Nearly 7 Million Workers

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The following statement about the authorization of the California Secure Choice Retirement Savings Program can be attributed to Justin King, policy director of New America’s Asset Building program.

"Gov. Jerry Brown's signature authorizing the California Secure Choice Retirement Savings Program is a major turning point in the fight to promote retirement and financial security. With the stroke of a pen, the governor has opened the door to financial empowerment for nearly 7 million workers. New America has been pushing for California to take this step for the better part of a decade, and it is gratifying to see this day arrive. California has proven to be a true national leader on one of the most pressing public policy issues of the twenty-first century.

"California Senate President Pro Tem Kevin de León deserves extraordinary credit for his unrelenting pursuit of greater financial security for the millions of workers that will be helped by Secure Choice. Thanks to him and to many others across California and the nation, the door to greater savings and financial security has been opened for millions of hard-working Californians."