Washington D.C. — Today, David Madland, Managing Director for Economic Policy, released the following statement responding to the news that Maryland Gov. Martin O’Malley (D) will establish a task force to examine how the state can improve retirement security for all private-sector employees:
Gov. O’Malley took an important first step to ensure that all Marylanders are able to have a secure and dignified retirement. Too many households are currently at risk of not having sufficient savings to last them through retirement. While Congress continues to dither on retirement policy, Maryland joins a few leading states that are taking action to help address the retirement needs of its citizens.