Delaware EARNS Names Program Board
Members of the Program Board for Delaware EARNS have been named. The signing of House Bill 205 created the Delaware EARNS Act β Expanding Access for Retirement and Necessary Savings β a state facilitated, universally available retirement savings plan. It requires all businesses with more than five employees that don’t currently offer a retirement plan to participate through a simple payroll process. The board will hold its inaugural meeting on Tuesday, October 4th.
Board members are:
- Fayetta Blake β Chair
- Colleen Davis β State Treasurer
- Rick Geisenberger β Secretary of Finance
- Christina Haas β Office of the State Insurance Commissioner
- Ethel Belfon β Department of Labor
- Donna Vieira β Chair of the Plans Management Board
- Robert Herrera β Member at Large
In a release from the State Treasurer’s office, Treasurer Colleen Davis says, βThis landmark program could serve up to 150,000 Delawareans, while addressing all three of my top priorities; bolstering retirement security and readiness, creating pathways to economic empowerment, and promoting a culture of financial excellence.β
