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Illinois House Approves Retirement Savings Plan for Private-Sector Employees
The State Journal-Register Link to more items from this source
Dec. 2, 2014

"The program is aimed at helping the 2.5 million people in private-sector jobs in Illinois who do not have access to a retirement plan through their place of work.... [T]hose workers would be automatically enrolled in the savings program [but] would have the ability to opt out of the program if they wished. Employers with 25 or more workers would have to offer the savings plan.... Supporters said 96 percent of the employers covered by the bill use payroll services, which means the program should be implemented at little or no cost to the business."  MORE >>

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