Document Type
Fact Sheet
Publication Date
4-9-2015
Abstract
The Illinois Secure Choice Savings Program Act, passed on January 4, 2015, creates an automatic enrollment payroll deduction IRA. The purpose of the program is to promote increased retirement savings participation for employees in the private sector. This fact sheet answers some basic questions about how this new program will affect workers and their employers in Illinois.
Recommended Citation
Brown, Emily G. JD and Bruce, Ellen JD, "Illinois Secure Choice Savings Program Act (Passed Jan. 4, 2015)" (2015). Pension Action Center Publications. 13.
https://scholarworks.umb.edu/pensionaction_pubs/13
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Benefits and Compensation Commons, Gerontology Commons, Labor and Employment Law Commons, Retirement Security Law Commons, State and Local Government Law Commons