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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, whichs 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...
United States Emanuel Chris Welch Illinois Senate Choice Savings Program Secure Choice Secure Choice Savings Program
Source: patch.com

Lawmakers, Advocates Aim to Address Racial Disparities Among Older Illinoisans

Credit Blueroomstream.com The senior advocacy group AARP is backing forthcoming legislation aimed at addressing racial disparities in health care, economic security and digital connectivity for Illinoisans over 50. AARP Illinois, alongside community advocacy groups such as Asian Americans Advancing Justice, the Chicago Urban League and the Resurrection Project, released a report Monday analyzing substantial gaps between white Illinoisans aged 50 and over, and minority groups in that age range. ...
United States Loyola University Theresa Mah Jacqueline Collins Illinois Department On Aging Chicago Urban League
Source: wsiu.org

Lawmakers address disparities for older Illinoisans

Forthcoming AARP-backed bills will target gaps in health care By Raymon Troncoso Capitol News Illinois SPRINGFIELD — The senior advocacy group AARP is backing forthcoming legislation aimed at addressing racial disparities in health care, economic security and digital connectivity for Illinoisans over 50. AARP Illinois, alongside community advocacy groups such as Asian Americans Advancing Justice, the Chicago Urban League and the Resurrection Project, released a report Monday analyzing substan...
United States Loyola University Raymon Troncoso Theresa Mah Jacqueline Collins Illinois Department On Aging

Solving for retirement security: Lessons from the DC institutional market

Solving for retirement security: Lessons from the DC institutional market man-holding-glowing-lightbulb Future innovations in DC plans will come as much from retirement plan advisers and their clients as from the institutional market. January 13, 2021 3 MINS In the U.S. retirement savings system, progress has generally emerged first in the institutional market, through the innovations of some of the largest employers in their role as plan sponsor, before later taking ...
United States Advisory Committee Plan Sponsor Institute Contribution Institutional Investment Association Retirement Research Center Secure Choice

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Vestwell is in and Ascensus is out in Oregon as mushrooming 'force-function' state retirement plans spark heated bids to recordkeep; RIAs are angling for a cut, too

News, Vision & Voice for the Advisory Community States may force millions of small employers to sponsor pensions, buoying VC-backed digital recordkeepers. But RIAs like Fisher Investments are trying to convince small businesses to set up their own 401(k) plans to meet new mandates. December 17, 2020 — 9:34 PM by Lisa Shidler Brookes Note: The pendulum is swinging again in the pension world. Coverage of private-sector employees with workplace retirement plans -- all defined benefit -- was at ...
United States Aaron Schumm Ken Fisher Jason Roberts Aidan Yeaw Scott Smith
Source: riabiz.com

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