Revises New Jersey Secure Choice Savings Program.
This bill revises New Jersey's Secure Choice Savings Program, creating a new state-run retirement savings plan for workers. It establishes a Secure Choice Savings Board within the Treasury Department to design and operate the program, which would allow employees (18+ living in or working in NJ) at businesses without existing retirement plans to automatically enroll in payroll-deducted savings accounts. The program would use standard IRAs for investments, with employers (defined as those with fewer than 25 employees and no qualified retirement plan) facilitating payroll deductions. The bill was withdrawn in 2026 as it was superseded by an approved law (P.L.2025, c.379).
Bill status
died
1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 13, 2026
Last action Jan 13, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
Jan 13, 2026
Introduced
Introduced, Referred to Assembly Financial Institutions and Insurance Committee
lower
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Melinda Kane
DDemocratic
P
Shama Haider
DDemocratic
P
Tennille McCoy
DDemocratic
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