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Several cities and states are trying to expand retirement savings opportunities for employees, including New York City and California. The approval of one proposal brought forth on Monday by a California board would require businesses to offer a plan administered by the state, or another type of savings plan. That state-required plan could lead to retirement savings for 6.8 million private-sector workers, said California State Treasurer John Chiang. The retirement savings plans being considered across the nation have the potential to provide a valuable service to employees, but they carry potential dangers. “If executed badly, workers could face a confusing array of poorly explained investment products, putting their future savings at risk,” Marketplace’s Mark Garrison reported.
Health risks have been on the mind of two glass manufacturers in Portland. Bullseye Glass and Uroboros have stopped the production of dozens of colors after environmental testing detected cadmium and arsenic nearby, April Baer reported for Marketplace. That includes your Garnet Reds, Spring Greens and Burnt Oranges. The suspension of these colors has affected global supply, leaving glass artists without the tints and shades they need.
Various cities across the county are especially focused on the well-being of others, going as far as to pay people not to commit crimes. Richmond, Calif. officials started to pay 21-year-old Lonnie Holmes $1,000 a month not to commit another gun crime, The Washington Post reports. Many are copying Richmond’s tactics because “early indications show it has helped reduce homicide rates.”
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