74 Ill. Adm. Code 721.100
Establishment of Program
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]