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California Minimum Wage Hike, Savings Plan Will Boost Retirement Incomes, Reduce Poverty
December 12, 2017
BERKELEY, California, Dec. 12 -- The University of California issued the following news release:

One California law raising the state minimum wage to $15 an hour by 2023, and another setting up a retirement savings option for about 7 million private-sector employees whose jobs offer no pension or 401(k)-type plan, will significantly boost retirement income security for low-income workers and may help them avoid poverty in retirement.

That is a key finding of research re . . .

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