TITLE 74: PUBLIC FINANCE
CHAPTER V: TREASURER
PART 721 SECURE CHOICE SAVINGS PROGRAM
SECTION 721.100 ESTABLISHMENT OF PROGRAM


 

Section 721.100  Establishment of Program

 

a)         This Part governs the Illinois Secure Choice Savings Program created by the Illinois Secure Choice Savings Program Act [820 ILCS 80].

 

b)         The Illinois Secure Choice Savings Program is a retirement savings program in the form of an automatic enrollment payroll deduction IRA for the purpose of promoting greater retirement savings for private-sector employees in a convenient, low-cost, and portable manner. [820 ILCS 80/10]