Ill. Admin. Code tit. 74, § 721.100 – Establishment of Program | Midpage
§ 721.100
Ill. Admin. Code tit. 74, § 721.100
Establishment of Program
AUTHORITY: Implementing and authorized by Section 90 of the Illinois Secure Choice Savings Program Act [820 ILCS 80].TREASURER
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]