Most American workers have some type of retirement plan through their employer, but many don’t. Most employers who don’t offer the rare nowadays defined pension or a 401K plan are small businesses. Usually the cost of a retirement plan is what keeps them from making it available to their employees.

The Pennsylvania State Treasury has come up with a program for workers who don’t have access to an employer sponsored retirement plan.

It’s called Keystone Saves and it would allow employees to contribute to their retirement at no cost to the employer.

State Treasurer Stacy Garrity appears on Friday’s Smart Talk to explain Keystone Saves along with John Scott, Director of the Retirement Savings Project – The Pew Charitable Trusts