The House on Wednesday voted 143-7 to approve a bill allowing nonprofit entities, which represent about 14 percent of the state’s workforce, to access retirement savings plans managed by the state Treasury.
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Grossman’s predecessor, Tim Cahill, pressed for a similar bill in 2009. At the time, Massachusetts Nonprofit Network officials said less than one in five non-profit employees had a retirement plan and the a lack of retirement and other benefits at non-profits hindered their ability to recruit top workers.