2021-2024 Form

Instructions and help about State Sector Retirement Savings Scheme Members' Guide

THE 'SECURE SAVINGS PROGRAM'... A STATE RUN RETIREMENT SAVINGS PLAN... OFFICIALLY KICKED OF TODAY. THE STATE ANTICIPATES THAT THIS NEW PROGRAM COULD HELP UP TO A MILLION COLORADANS THAT DON'T HAVE ACCESS TO A RETIREMENT SAVINGS PLAN AT WORK. RESEARCH SHOWS... MORE THAN 1 MILLION WORKERS ACROSS THE STATE -- WHICH IS ABOUT 40% OF THE PRIVATE-SECTOR WORKFORCE -- LACKS ACCESS TO WORKPLACE RETIREMENT SAVINGS PLANS. THE COLORADO SECURE SAVINGS PROGRAM PROVIDES A SIMPLE RETIREMENT SOLUTION TO PRIVATE-SECTOR EMPLOYERS AT NO COST. "The new SecureSavings program is a critical step to helping more people build long-term financial well- being, We're providing retirement plan access to workers and businesses across Colorado through this program. This is helping more Coloradans sustainably retire with dignity on their own terms." INSTEAD OF BEING TIED TO THE EMPLOYER LIKE IN A TRADITIONAL RETIREMENT PLAN, THE SECURE SAVINGS PROGRAM IS TIED TO AND TRAVELS WITH THE EMPLOYEE IF AND WHEN T