FWW Alert: OregonSaves - Employer Compliance
OregonSaves is a new employee retirement savings program ("Program") that requires action by all Oregon employers. The Program has not received much media attention but the state is currently pushing employers to comply.
Oregon employers are required to either register with the Program or certify that the employer is exempt. Employees of employers that register with the Program are automatically enrolled and do not need to do anything to start saving. Once an employee is enrolled in the Program, the employee's retirement account through the Program is portable and can follow the employee from employer to employer.
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