The Illinois Secure Choice Savings Program is a program offered by the Illinois State Treasurer’s Office to meet the requirements of the Illinois Secure Choice Savings Program Act (820 ILCS 80/). To be subject to the Act, an employer must have at least 5 or more employees, have been in business over two years, and not offer a qualified savings plan. The Illinois Secure Choice Savings Program offers Illinois businesses the option to either offer a private market savings vehicle, or automatically enroll their employees into the Secure Choice Plan. Penalties for noncompliance will become operable in February 2023. For additional information, please visit the
Illinois Secure Choice Savings Program website.