January 30, 2014

Earlier today Senator Harkin unveiled new legislation that tackles retirement security for every American. The Universal, Secure, and Adaptable (USA) Retirement Funds Act of 2014 creates a new type of retirement plan to benefit middle-class families and employers.

Anne Stausboll, Chief Executive Officer for the California Public Employees' Retirement System (CalPERS) issued the following letter regarding the announcement from U.S. Senator Tom Harkin, Chairman of the U.S. Senate Committee on Health, Education, Labor and Pensions.

View letter to Senator Harkin (PDF).