Tax,
Labor/Employment,
9th U.S. Circuit Court of Appeals
May 21, 2021
9th Circuit rightly upholds California’s retirement backstop
Some state governments, including California, have stepped in to fill the gap left by employers who choose not to offer employer-sponsored retirement plans.
It is no secret that most Americans are woefully unprepared to meet their financial needs in retirement. Generous and reliable pension payments are a relic of history (to the extent that they existed at all), and there are very few private-sector employers that offer any kind of pension plan. Instead, workers bear personal responsibility for their retirement planning, and while many employers do offer 401k plans, many do not. (A 401k plan is the most common...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In