Retirement Security for All Praised by Council Member Kallos

02/04/2016
New York, NY –  "Retirement isn't something aging New Yorkers should have to worry about. We need pensions for all so New Yorkers can retire in security," said Council Member Ben Kallos, who helped develop the Retirement Security for All proposal while at Bill Samuels' EffectiveNY and will be introducing legislation to make it a reality. "Thank you to Mayor Bill de Blasio, Public Advocate Letitia James, Speaker Melissa Mark-Viverito, and Council Member I. Daneek Miller for their leadership and partnership in bringing retirement security to the private sector and all New Yorkers."

Legislation that will be introduced by Council Member Ben Kallos would enable any New Yorker working at a business with ten or more employees to automatically enroll in a retirement plan.

This legislation would be enabled by rules currently being promulgated by the United States Department of Labor (RIN 1210-AB71). Kallos joined Public Advocate James in a January letter advocating for cities to be empowered to offer “Savings Arrangements Established by States for Non-Governmental Employees.”

Council Member Kallos previously co-prime sponsored legislation to study how to implement Retirement Security for All with Public Advocate Tish James and Civil Service and Labor Committee Chair I. Daneek Williams. The bill was heard in committee in June, 2015.

Kallos helped craft the Retirement Security for All platform for Bill Samuels’ EffectiveNY when he was the executive director of the good government and policy group.

As an attorney, Kallos practiced Employee Retirement Income Security Act (ERISA) law at Gorlick, Kravitz and Listhaus, representing laborers at the Mason Tenders District Council fighting for the retirements of workers.

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