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Congress Passes ‘Smart Savings Act’ to Strengthen Retirement Savings for Federal Employees

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Bipartisan, Bicameral Legislation Will Enroll Federal Employees in Retirement Investment Funds with Substantially Higher Returns

WASHINGTON, DC –-(ENEWSPF)–December 15, 2015.   The Senate unanimously passed the Smart Savings Act last week, which will substantially increase financial returns for federal employees’ retirement plans without increasing federal spending. The Smart Savings Act was introduced by Senators Elizabeth Warren (D-Mass.) and Rob Portman (R-Ohio) and co-sponsored by Senators Mark Begich (D-Alaska), Mike Enzi (R-Wyo.) and Jon Tester (D-Mont.).…

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