AARP Illinois is backing legislation that would require companies that have been in business at least two years and have more than 10 employees to establish an automatic IRA. Employees would be enrolled in the IRA unless they choose to opt out. Businesses would not be required to make matching contributions.
Here's your weekly rundown of what's going down in Springfield this week. It's a busy time in "The Patch" as bill sponsors step up, bill language is drafted, and everything gets submitted to the Legislative Reference Bureau (LRB) post-haste. Here's what AARP Illinois Staffers are tracking on this session....
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