This bill is private industry trying to squash competition for retirement funds by state governments. Some employers don't offer a workplace plan that deducts automatically. State plans are simply an option for people that want to save for retirement through work. I don't see any real reason to not give people an option where they don't have one. There are startling parallels here to what's going on with health care exchanges. Who's to say what it will be like in 20 years in your employer. The state you live in isn't going away. Attempts to squash these plans are suspect at best, some powerful lobbying groups are behind it.