Treasurer Davis Offers Legislation to Boost Retirement Savings for State Employees
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Thursday, April 20, 2023
Bills would reinstate employer match and allow casual/seasonal employees to participate in retirement plan Remaining consistent with her three main priorities; bolstering retirement security and readiness, creating pathways to economic empowerment, and promoting a culture of financial excellence, Treasurer Davis has proposed two pieces of legislation with bi-partisan support designed to support state employees with […]
Delaware Retains AAA Bond Rating
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Friday, April 14, 2023
State receives top grade for 23rd consecutive year State Treasurer Colleen Davis announced today that the nation’s three top rating services have all delivered the highest possible rating to Delaware. After presentations from the Office of the State Treasurer, Department of Finance, Office of Management and Budget, and the Governor’s Office, Moody’s, Fitch, and S […]
Local Forums Underway on Delaware EARNS
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Wednesday, April 12, 2023
State Treasurer Colleen Davis led the first in a series of public forums to spread the word about the benefits of Delaware EARNS, an upcoming program that will provide workers and employers with access to low-cost retirement savings plans, beginning in January 2025. The Delaware NAACP, the Metropolitan Wilmington Urban League, and the Police Athletic […]
Treasurer Davis Announces Changes to Leadership Team
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Friday, March 10, 2023
State Treasurer Colleen Davis on Friday announced changes to her leadership team in the Office of the State Treasurer (OST). Liza Davis, who has served as Deputy State Treasurer since 2019, has left OST to become the University of Pennsylvania’s new Associate Vice President for Finance and Treasury Management. In her time as Deputy State […]
Almost $40,000 in “Free Money” Paid to DE529 Accounts
Office of the State Treasurer | State Treasurer Colleen C. Davis | Date Posted: Monday, March 6, 2023
Also, unused education savings can soon rollover for retirement “First State, First Steps,” a pilot incentive program for Delawareans offering a $100 contribution to a new DE529 Education Savings Plan account added $37,700 to accounts over the last six months of 2022. “I am thrilled that our First State, First Steps program gave 377 young […]
