De Blasio, Council members, AARP members & others rally (photo: Michael Appleton/Mayor's Office)

Just days after he ended his presidential campaign that was focused on issues affecting working people, Mayor Bill de Blasio rallied with AARP volunteers and City Council Members at City Hall on Monday to push for a proposal that could help millions of New York workers save for their futures.

The Retirement Security for All proposal, which de Blasio first raised three years ago and then again in his State of the City speech this year, would establish a retirement

Feb. 2016 (photo: Demetrius Freeman/Mayoral Photography Office)

In his State of the City speech in January, Mayor Bill de Blasio promised that the city would create a system of retirement security for millions of New Yorkers who work in the private sector and may not have access to employer-provided savings plans. It was a revival of an effort the mayor had first pushed in 2016 but that bumped up against the change in presidential

(photo: Demetrius Freeman/Mayor’s Office)

Through a recently-signed resolution, President Donald Trump and the Republican-controlled Congress have struck a death blow to New York City’s plan to become the first city in the country to establish a retirement savings program for private-sector employees.

After advocates and elected officials identified a crisis in the limited amount most workers have saved for retirement and started calling for government action, Mayor Bill de Blasio announced during his February 2016 State of the

Mayor de Blasio at a February rally (Demetrius Freeman/Mayor's Office)

Responding to interest from cities including New York, the federal Department of Labor has ruled that certain municipalities can establish publicly-run retirement savings programs for private-sector workers whose employers do not offer such a program.

In February, Mayor Bill de Blasio announced his intention to create a new

photo: Stanley Kubrick via Museum of the City of New York

Gotham Gazette's Week in Review, Friday February 26, 2015.

PHOTO OF THE WEEK: Mayor de Blasio & NYPD officials unveil CompStat 2.0, via Demetrius Freeman/Mayoral Photography Office; Gov. Cuomo and his

De Blasio delivers his State of the City (photo: Demetrius Freeman/Mayor's Office) 

Experts warn that the entire country could be headed for a financial crisis caused by the fact that an aging workforce has not been saving for retirement.

Whether due to cutbacks of public pensions, the lack of retirement plans offered by private employers, or workers forced to raid their savings, it appears to a growing number of advocates and politicians that many Americans will be forced to keep