P&I: Obama to push retirement plans in 2017 budget

23869647139_f2f5379afe_mPresident Obama will present his budget on February 9 and official have indicated that significant proposals are included to spur American savings plans. As Pension & Investments reports, the plan pays significant attention to pensions:

A centerpiece of the package is making it easier for employers to join multiple-employer plans by relaxing some of the requirements, such as having a common interest. “We are proposing to remove some of the obstacles while still keeping the protections,” said [Secretary of Labor] Perez, who plans to work with Congress to make the changes.

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