Delaware News

Delaware EARNS Program Board Members Named

Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Monday, September 26, 2022



Chaired by local entrepreneur and community leader, board scheduled to meet

As directed by the Delaware EARNS Act created by the signing of House Bill 205, members have been appointed to the Delaware EARNS Program Board.

Board members are:

  • Fayetta Blake – Chair
  • Colleen Davis – State Treasurer
  • Rick Geisenberger – Secretary of Finance
  • Christina Haas – Office of the State Insurance Commissioner
  • Ethel Belfon – Department of Labor
  • Donna Vieira – Chair of the Plans Management Board
  • Robert Herrera – Member at Large

Delaware EARNS (Expanding Access for Retirement and Necessary Savings), a State-facilitated, universally available retirement savings plan, providing a convenient way for all workers to save for retirement, requires businesses with more than five employees that don’t currently offer a retirement plan to participate through a simple payroll process.

“I am honored to have been chosen by Governor Carney to chair the Delaware EARNS Program Board,” said Fayetta Blake, the founder and Executive Director of Pathways to Success, Inc., and an entrepreneur with an extensive background in community banking and financial services. “I am excited to work with such committed people on a project that will help secure financial security for Delawareans who currently have no effective way to save.”

The Delaware EARNS Program Board will oversee the initial design and implementation of all administrative aspects of the Delaware EARNS program including, marketing and promotional responsibility, vendor management, and investment oversight.

The inaugural meeting is scheduled for Tuesday October 4, 2022. Details of the meeting including the agenda and how to join virtually or in person can be found on the Delaware Public Meeting Calendar.

“The composition of the Delaware EARNS Program Board could not be stronger given the critical need for the work to be done,” said Treasurer Colleen Davis. “This landmark program could serve up to 150,000 Delawareans, while addressing all three of my top priorities; bolstering retirement security and readiness, creating pathways to economic empowerment, and promoting a culture of financial excellence.”

image_printPrint

Related Topics:  , , , ,


Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.

Delaware EARNS Program Board Members Named

Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Monday, September 26, 2022



Chaired by local entrepreneur and community leader, board scheduled to meet

As directed by the Delaware EARNS Act created by the signing of House Bill 205, members have been appointed to the Delaware EARNS Program Board.

Board members are:

  • Fayetta Blake – Chair
  • Colleen Davis – State Treasurer
  • Rick Geisenberger – Secretary of Finance
  • Christina Haas – Office of the State Insurance Commissioner
  • Ethel Belfon – Department of Labor
  • Donna Vieira – Chair of the Plans Management Board
  • Robert Herrera – Member at Large

Delaware EARNS (Expanding Access for Retirement and Necessary Savings), a State-facilitated, universally available retirement savings plan, providing a convenient way for all workers to save for retirement, requires businesses with more than five employees that don’t currently offer a retirement plan to participate through a simple payroll process.

“I am honored to have been chosen by Governor Carney to chair the Delaware EARNS Program Board,” said Fayetta Blake, the founder and Executive Director of Pathways to Success, Inc., and an entrepreneur with an extensive background in community banking and financial services. “I am excited to work with such committed people on a project that will help secure financial security for Delawareans who currently have no effective way to save.”

The Delaware EARNS Program Board will oversee the initial design and implementation of all administrative aspects of the Delaware EARNS program including, marketing and promotional responsibility, vendor management, and investment oversight.

The inaugural meeting is scheduled for Tuesday October 4, 2022. Details of the meeting including the agenda and how to join virtually or in person can be found on the Delaware Public Meeting Calendar.

“The composition of the Delaware EARNS Program Board could not be stronger given the critical need for the work to be done,” said Treasurer Colleen Davis. “This landmark program could serve up to 150,000 Delawareans, while addressing all three of my top priorities; bolstering retirement security and readiness, creating pathways to economic empowerment, and promoting a culture of financial excellence.”

image_printPrint

Related Topics:  , , , ,


Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.