The Connecticut Senate passed a bill creating a retirement savings program for eligible private-sector employees, confirmed Juliet Manalan, spokeswoman for Lt. Gov. Nancy Wyman.
Ms. Wyman broke an 18-18 tie in the Senate on Saturday. The House passed the bill on April 26. It now moves to the governor.
The bill creates a state-run agency that will establish a Roth individual retirement account program for workers whose employers have at least five employees paid at least $5,000 in the preceding year. The employers will be required to automatically enroll each worker, who can opt out.