- Published: Wednesday, December 03, 2014 04:25 PM
SPRINGFIELD — Legislation establishing the Illinois Secure Choice Savings Program, which would be the first of its kind implemented in the United States, will soon reach the governor’s desk. The measure, sponsored by State Senator Daniel Biss (D-Evanston), secured House passage yesterday. The Senate, which first passed the measure in April, voted today to adopt several amendments the House had added.
“Retirement insecurity for private sector workers is a serious and growing problem with a surprisingly commonsense, intuitive solution,” Biss said. “Thanks to Majority Leader Barbara Flynn Currie, who sponsored Secure Choice in the House, the many advocacy and business groups that supported this effort and my colleagues who were willing to help put this legislation into its final form, Illinois has taken an unprecedented step toward making retirement a financially viable option – for the first time – for millions of workers.”