SPRINGFIELD Illinois citizens without access to workplace-based retirement plans will be thrown a lifeline under a new law sponsored by state Senator Daniel Biss (D-Evanston) and signed today by Governor Quinn. The law, which establishes the Illinois Secure Choice Savings Program, seeks to head off an impending crisis resulting from the fact that 2.5 million Illinois workers currently lack access to employer-based retirement plans. It will make Illinois the first state in the union to have a law on the books automatically enrolling such workers into a retirement savings plan.

“More than a dozen states are considering a variety of solutions to the problem of dwindling retirement security,” Biss said. “I’m pleased Illinois is at the forefront of enabling people to maintain dignity and quality of life after they leave the workforce. My hope is that other states would follow our lead in seeking solutions to this pressing and underreported crisis.”

Researchers at the National Institute on Retirement Security estimate that the national retirement savings deficit is at least a staggering $6.8 trillion. One of the major causes of this problem is the huge number of employees who lack access to work-based retirement plans. Secure Choice will tackle this by automatically enrolling most such workers in a portable Roth IRA savings account; those who do not want to participate may opt out of the plan at any time. Click here for more information about how Secure Choice — which could be implemented as early as June 1, 2015 — will help workers start saving.

“The opportunity to save using a Secure Choice account will prevent many seniors from facing appalling choices — whether to buy food or medication, for example, or whether to live in poverty or continue working despite declining health,” Biss said. “For the first time, millions of Illinois workers will have a better option and more hope for the future.”

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Category: Press Releases

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.”

Read more: VIDEO: Legislature approves Biss’ Secure Choice savings program

Category: Press Releases

Biss100SKOKIE — Today, two of the honorary chairs of the NewDEAL (Developing Exceptional American Leaders), Maryland Gov. Martin O'Malley and Delaware Gov. Jack Markell, announced the finalists of the group's New Ideas Challenge. State Senator Daniel Biss (D-Evanston) was chosen from a competitive field as a finalist for his policy solution, the Illinois Secure Choice Savings Program. The program would give Illinois workers without retirement accounts the opportunity to start saving through their employers.

Senator Biss is a member of the NewDEAL — a national network of pro-growth progressive state and local elected officials working to expand opportunity in the changing economy. The first ever New Ideas Challenge gives recognition to smart, pro-growth progressive solutions that are being developed and tested by state and local leaders across the country. At a time of national gridlock, this network of leaders is offering applied solutions from the front lines of government.

"As a governor and former mayor, I know that the best ideas about moving our country forward often come from innovators on the front lines of state and local governments. I'm thrilled by the NewDEAL New Ideas Challenge and know it will stimulate the kind of fresh thinking we need. I'm impressed by these finalists, and am excited to see their ideas put into action," said O'Malley, Honorary NewDEAL Co-Chair.

Biss was chosen as one of 16 finalists out of a total of 60 applicants by an esteemed panel of judges who are thought leaders in the policy arena. A winner in each of four categories – growing the economy for the future, expanding opportunity for all, making government work better and best public private partnership – will be announced on Dec. 3 in Washington, D.C.

"Every day, the pro-growth progressive leaders who are a part of the NewDEAL network are championing ideas to modernize government for the 21st century. Daniel Biss has impressed us with his innovative solution to grow the economy and expand opportunity for all. I congratulate him and the other results-oriented state and local leaders, not only for the ideas they're working on locally but also for the ripple effect they'll create in communities across the country," said Markell, Honorary Co-Chair of the New Ideas Challenge.

More information about the NewDEAL can be found at www.newdealleaders.org.

Category: Press Releases

Biss100 SPRINGFIELD — Legislation State Senator Daniel Biss (D-Evanston) sponsored to crack down on "patent trolls" became law this week.

"Illinois businesses — particularly small businesses that aren't in a position to hire pricey legal representation and embark on lengthy court battles against harassing fraudsters — deserve the full protection of the law," Biss said. "The new penalties will put patent trolls on notice that Illinois isn't a fertile location for their scams."

The new law targets the practice of extorting money from businesses by threatening to sue them for fictitious violations of patents that may have expired or may not be owned by the "trolls" at all. Patent trolling is lucrative because many businesses, especially smaller companies that can't afford to hire legal representation, opt to pay the scammers rather than spending time and money fighting them in court.

Biss' measure prohibits misrepresenting one's self as the owner of a patent, seeking compensation on the basis of activities undertaken after a patent has expired, falsely claiming to have filed a patent lawsuit or using any written form of communication, including email, to falsely accuse a person or company of a patent violation with the intent of forcing a settlement. If found to be in violation of the law, patent trolls will be subject to civil penalties and/or forced to pay restitution.

Category: Press Releases

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District office:
3706 Dempster St.
Skokie, IL 60076
(847) 568-1250
(847) 568-1256 FAX

Springfield office:
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Springfield, IL 62706
(217) 782-2119

Email:
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