Revises New Jersey Secure Choice Savings Program.*

This bill (A5358) revises New Jersey's Secure Choice Savings Program to require **all employers with at least one employee** in New Jersey to offer automatic payroll deductions for retirement savings, replacing the current threshold of 25+ employees. It directly affects private-sector employers (excluding state government) by mandating they set up payroll arrangements allowing employees to contribute to the program, with automatic enrollment at 3% of wages unless employees opt out. Key provisions include allowing employees to choose contribution levels (up to IRA limits) and investment options, with employers retaining the ability to offer alternative retirement plans. The bill removes the prior "small employer" category to reflect this expanded requirement.