Given all that our “esteemed” Legislature is dealing with at the present, I don’t think this will go anywhere. Small biz doesn’t need GOV oversight to manage a pension plan for its employees. It’s a waste of taxpayer $$ that we don’t have. There are PLENTY of firms in and out of state that will manage a small biz pension plan and even make it portable for the employees to take elsewhere!
In March 2014, when the next phase of the HCRA kicks in, ALL employees, regardless of health or who they work for, will have access to a *reasonably priced* health plan. This, combined with a “portable” retirement plan, will make a lot of small-biz employees virtually “free-agents.” Employees will then not be married to an employer they don’t want to work for anymore so this can only be good.
