If you work hard, you should be able to retire with dignity. However, over half of private-sector workers in Illinois don't have access to a retirement savings account at their workplace. This leaves a growing number of seniors unable to make ends meet during retirement.
This week, the Illinois Senate will vote on SB2758, the Illinois Secure Choice Savings Program. The bill will automatically enroll many workers without access to an employment-based retirement savings plan into the Secure Choice savings program. While workers can opt out of the program, those who do participate will have access to a vital tool that allows them to save for their future.
The Illinois Secure Choice Savings Program is picking up a diverse array of supporters. The Chicago Tribune endorsed SB2758 today, urging members of both parties to vote for a bill that would “give private-sector workers a fighting chance at a future they can afford.” The State Journal-Register also lent its support to SB2758 today and called on states to “step in now to empower an increasing number of low-wage workers to save for retirement.” The Chicago Sun-Times praised the bill in February, saying that it holds “tremendous promise for bolstering retirement savings, particularly for low-wage workers.”
Learn More About Secure Choice
Attend A Community Forum
What: Illinois Secure Choice Savings Program Community Forum
When: Saturday, April 12th at 10am
Where: WVON 1000 East 87th St., Chicago, Illinois 60619