Delaware EARNS Program Moves Forward, Open to Interstate Cooperation
To ensure workers have the highest quality choice when it comes to retirement savings, the Office of State Treasurer will explore an interstate collaboration for the Delaware Expanding Access for Retirement and Necessary Savings (EARNS) Program. The EARNS Program board, voting unanimously at its July 13 public meeting, authorized the Treasurer’s office to evaluate entry […]
Treasurer Davis Prepares for Possible Default
Delaware State Treasurer Colleen Davis began taking proactive measures to protect Delaware’s financial interests in anticipation of a potential federal government default. The move comes after U.S. Treasury Secretary Janet Yellin said that, without an agreement to raise the nation’s debt ceiling by June 1, 2023, the federal government could default on its loan obligations.
Treasurer Davis Offers Legislation to Boost Retirement Savings for State Employees
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
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 […]
Treasurer Davis Announces Changes to Leadership Team
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 […]
