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New York State Aims For Auto-Enroll Secure Choice Savings Program

New York State Aims For Auto-Enroll Secure Choice Savings Program
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Assembly bill makes enrollment in new worker retirement program automatic

Assembly bill makes enrollment in new worker retirement program automatic FacebookTwitterEmail Kate Bridges, AARP s senior research advisor speaks at the Glen Sanders Mansion in Scotia about retirement issues back in 2015. AARP is putting its support behind an Assembly bill that would amend the state s Secure Choice Savings Program to make enrollment automatic unless and employee opts out.  (Skip Dickstein/Times Union)SKIP DICKSTEIN ALBANY The AARP is putting its support behind a recently passed Assembly bill that would increase the number of private sector employees who participate in the state s new Secure Choice Savings Program. The program, which has yet to be implemented, offers employees at companies with 10 employees or more that don t offer retirement benefits a way to save for retirement through an IRA through payroll deduction. The new Assembly bill would require that enrollment would be automatic unless an employee opts out.

ILLINOIS STATE NEWS BRIEF (4/16/21)

Olney, IL, USA / WSEI Freedom 92.9 FM | The Best Country in America Apr 16, 2021 7:13 AM (CHICAGO) The Illinois Department of Public Health (IDPH) reported 3,581 new COVID-19 cases on Thursday, with 40 additional deaths. The new coronavirus death toll in Illinois is now up to 21,609. For updates, go to dph.illinois.gov, or if questions, call the toll-free IDPH HealthLine at 1-800-889-3931. (SPRINGFIELD) In news out of Springfield : House Speaker Emanuel “Chris” Welch is creating a new task force to review statues on state properties. Welch said the goal is to re-evaluate public art in an effort to ensure that statues and other ceremonial landmarks on state property reflect the values and morals in Illinois : state lawmakers are on the way to approving Illinoisans’ access to a medical treatment, called biomarker testing. The Senate Committee unanimously agreed to expand health coverage for the process that uses genetic information to

Quick hits: Illinois news in brief for Thursday, April 15, 2021

Quick Hits: Illinois News In Brief For April 15, 2021

Another 17,000 people in Illinois file for unemployment benefits Another 17,000 Illinoisans filed for initial unemployment benefits last week, which s about 760 more than the week before. Another 1,630 independent contractors applied for benefits last week, nearly 600 fewer than the week before. Subscribe Groups of employer associations are pushing for the state to use some of the billions in federal funds to cover the debt unemployment trust fund debt they say could be up to $5 billion. Bill in Senate would allow some to bypass SALT cap A bipartisan bill in the Illinois Senate will allow for certain small businesses to bypass the $10,000 cap on State and Local Tax, or SALT, deductions.

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