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PSCA Executive Reports

June 20, 2019

Student Loan Legislation

Senator Ron Wyden (D-OR), Ranking Member of the Senate Finance Committee, has introduced the Retirement Parity for Student Loans Act to allow employers to make matching contributions to a retirement plan while employees make student loan payments. The bill aims to increase retirement readiness while workers are paying off school debt. A similar provision is included in the Retirement Security and Savings Act of 2019 (“RSSA”, S.1431) by Senators Rob Portman (R-OH) and Ben Cardin (D-MD), which was discussed in last month’s Executive Report.


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