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Illinois Secure Choice to Provide Financial Security to More Employees

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Starting in November, Illinois’ new retirement savings program, Illinois Secure Choice, will be expanding to more businesses. In November, businesses with 25-99 employees that don’t offer retirement plans must participate in the program.  The program allows workers to save for retirement through automatic payroll deductions into an individual retirement account.  Employees remain in control of their account even if they change jobs and there is no cost to employers.

Larger Illinois businesses already participate while those with fewer than 25 employees may choose to opt in.  An estimated more than 1.2 million Illinois workers are eligible.

You can learn more about Secure Choice at http://www.ilsecurechoice.com.

For more information or to discuss how this program might affect your organization, please contact Joseph F. Spitzzeri.

Mr. Spitzzeri is the co-chair of Johnson & Bell’s Construction and Employment groups. His employment practice includes defending employers in EEOC and IDHR administrative proceedings, and proceedings in federal and state courts arising from Title VII, the ADA, the ADEA, the Equal Pay Act and claims brought under the Illinois Human Rights Act. His employment practice also includes the drafting of employment policies as well as employee training. He represents municipalities in employment and civil rights litigation as well.

 

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Clients rely on Johnson & Bell to defend their interests in court.  Since 1975, we have developed a reputation for providing legal counsel that accomplishes our clients’ business objectives. Building on a track record of success handling major catastrophic personal injury cases, Johnson & Bell continues to represent numerous clients across a broad array of business concerns.  We work with clients to mediate, settle or litigate their business issues.  In addition, our lawyers represent clients in a wide range of commercial transactions and commercial litigation in both State and Federal court, locally and throughout the country.

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