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Philly Saves retirement program will go to voters for approval on May ballot

Philadelphia Mayor Cherelle Parker signs the Philly Saves bill January 20, 2026. (Tom MacDonald/WHYY)

Mayor Cherelle Parker signed a bill Tuesday afternoon that would let voters decide on whether to approve the Philly Saves program, which is designed to automatically enroll workers who don’t have access to a retirement program into a city-sponsored IRA.

Voters will weigh in on the idea in May. Read more.