Ill. Admin. Code tit. 74 § 721.100

Current through Register Vol. 48, No. 50, December 13, 2024

Section 721.100 - Establishment of Program

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 ]

Ill. Admin. Code tit. 74, § 721.100

Adopted at 42 Ill. Reg. 18457, effective 9/25/2018.