Illinois Treasurer Announces Lower Fees and Technology Upgrades for State Retirement Program for Small Businesses

Illinois State Treasurer Michael Frerichs announced lower fees and technology improvements for the Illinois Secure Choice Savings Program, set to take effect in June 2026. The program, now renamed My Illinois Savings, aims to help over 170,000 workers across the state save for retirement with no cost to employers. Over $300 million has been saved by workers through the program since its inception.

By Office of the Illinois State Treasurer · PR Newswire ·

Illinois Treasurer Announces Lower Fees and Technology Upgrades for State Retirement Program for Small Businesses

Topics: employer benefits Illinois retirement savings state program

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