New Jersey Expands Secure Choice Retirement Program - HR ALERTS
- Regina Dyerly, SHRBP, PHR
- Mar 31
- 1 min read
New Jersey Expands Secure Choice Retirement Program
Effective: April 1, 2026
New Jersey is expanding access to its Secure Choice Retirement Savings Program, increasing the number of employers required to participate.
Beginning April 1, 2026, employers with 10 or more employees must register for and participate in the program. Employers with fewer than 10 employees may choose to participate voluntarily.
What This Means
Employers with 10 or more employees are now required to participate
The program provides a retirement savings option through payroll deductions
Employers are responsible for facilitating contributions, not funding the plan
Additional Updates
Employees may change their contribution levels at any time
Employers must implement contribution changes at least once per calendar quarter
Why It Matters
This expansion significantly increases the number of employers subject to the Secure Choice program. Employers should ensure timely registration and proper administration of payroll deductions.
What Employers Should Do
Confirm employee headcount to determine if participation is required
Register for the Secure Choice program if applicable
Coordinate with payroll providers to implement and manage deductions
Establish processes to handle employee contribution changes
Get day-to-day updates on New Jersey Expands Secure Choice Retirement Program visit the Vida HR Knowledge Center (Vida HR Clients Exclusive).
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