Philadelphia voters approve first city-run retirement savings program for workers without 401(k) plans ^45.1%

Fox Business - By Eric Revell - 5/21/2026, 9:02 PM

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Voters in Philadelphia passed a ballot measure on Tuesday that will create the country's first city-run savings program for workers whose jobs don't offer retirement benefits. The measure will create a new program called PhillySaves that allows private sector workers whose employers don't sponsor retirement plans like a 401(k) to... more