New York City Council Passes Bill Mandating IRAs For Small Business Workers

New York City NY

30 April, 2021

11:56 AM

Description

CBS New York April 30, 2021 About 1.5 million private sector workers in New York City don't have access to retirement plans through their employers. On Thursday, the City Council passed a bill to change that, CBS2's Alice Gainer reported. All it needs now is the mayor's signature. "I tell my employees all the time, I say, 'Look, you should try to save your money,'" said Lide Sementilli, general manager at Total Care Pharmacy in the Bronx. CBS Local Digital Media personalizes the global reach of CBS-owned and operated television and radio stations with a local perspective.