---
title: NAIFA-Pennsylvania Blog | Legislation & Regulations
description: Legislation & Regulations | NAIFA-Pennsylvania Blog
---

****

[![NAIFA_PENNSYLVANIA-white](https://pa.naifa.org/hs-fs/hubfs/NAIFA_PENNSYLVANIA-white.png?width=200&height=124&name=NAIFA_PENNSYLVANIA-white.png)

![NAIFA_PENNSYLVANIA](https://pa.naifa.org/hs-fs/hubfs/NAIFA_PENNSYLVANIA.png?width=200&height=124&name=NAIFA_PENNSYLVANIA.png) 

](https://pa.naifa.org/)

[![Member Login](https://no-cache.hubspot.com/cta/default/2635471/b126081c-b72e-45f5-9c93-6cbdf5429646.png)](https://cta-redirect.hubspot.com/cta/redirect/2635471/b126081c-b72e-45f5-9c93-6cbdf5429646)

[**](https://pa.naifa.org/blog/tag/legislation-regulations#tmpmodule_1608280997705259)

**

![Pennsylvania-flag](https://pa.naifa.org/hs-fs/hubfs/Pennsylvania-flag.jpg?width=1366&height=372&name=Pennsylvania-flag.jpg)

###### 1 min read

## [PA Legislators move bills on public retirement and financial literacy](https://pa.naifa.org/blog/pa-legislators-move-bills-on-public-retirement-and-financial-literacy)

 By [Jan T. Hartman](https://pa.naifa.org/blog/author/jan-t.-hartman) on 5/4/23 2:16 PM

[![](https://pa.naifa.org/hubfs/hburg2%20(2).jpg) ](https://pa.naifa.org/blog/pa-legislators-move-bills-on-public-retirement-and-financial-literacy)

The Pennsylvania House Commerce Committee reported out the "Keystone Saves" bill, HB 577, by a 12-9 vote this week. The bill would establish an automatic payroll deduction IRA, administered by the Commonwealth of Pennsylvania through payroll deductions by employers. NAIFA-PA has been working to defeat the bill, with State President Tracy Russo-Keesey, writing to committee members asking them to consider improvements to  retirement options made by the U.S. Congress in the SECURE 2.0 Act and pointing out the questionable track record of other states in offering similar programs. NAIFA-PA will continue to work against the legislation, which may be considered by the full house as early as the week of May 22.

###### Topics: [Advocacy](https://pa.naifa.org/blog/topic/advocacy) [Legislation & Regulations](https://pa.naifa.org/blog/topic/legislation-regulations)

[All posts](https://pa.naifa.org/blog/all)

### Featured

### Sign up for updates

### SIGN UP FOR UPDATE

Thank you Sponsors!

[![lifehappens2](https://pa.naifa.org/hs-fs/hubfs/lifehappens2.jpg?width=181&name=lifehappens2.jpg)](https://lifehappens.org/)

 

[**](https://www.facebook.com/NAIFAPA/) [**](https://twitter.com/NAIFA_PA) [**](https://www.linkedin.com/in/naifapa/)

[![NAIFA_PENNSYLVANIA-white](https://pa.naifa.org/hs-fs/hubfs/NAIFA_PENNSYLVANIA-white.png?width=200&height=124&name=NAIFA_PENNSYLVANIA-white.png) ](https://pa.naifa.org/)

Copyright © 2020 NAIFA - Pennsylvania  
6059 Allentown Blvd. #310  
Harrisburg, PA 17109  
Phone: 855-714-5757

**