The York Water Co.’s president and CEO, Jeffrey Hines, is retiring after more than a decade of leading the York Township, York County-based water utility.

Throughout the M&A process, executives are hyper-focused on company synergies and big-picture goals. As a result, one very important factor often goes overlooked – the employer’s retirement plans. There are many details to consider when acquiring a company. Understanding the seller’s retirement plan and how it will fit within the current benefit structure is vital to success.

Pennsylvania State Treasurer Joe Torsella and others want a state-run pension plan where employers would be required to participate and employees would be automatically enrolled unless they proactively opt out.

State Treasurer Joe Torsella on Wednesday presented a task force recommendation for Pennsylvania to adopt a state-run auto-IRA program for private-sector workers who lack retirement plans through their employers.