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.
Brown, Emily G. JD and Bruce, Ellen JD, "Illinois Secure Choice Savings Program Act (Passed Jan. 4, 2015)" (2015). Pension Action Center Publications. 13.