state-run retirement

John Gregory -- Illinois Radio Network A new proposed federal rule would help Illinois' new state-based retirement program. U.S. Secretary of Labor Thomas Perez announced the new rule in Chicago Monday, pointing to Illinois' Secure Choice Savings Program, as a potential model for other states to set up individual-run retirement accounts with automatic enrollment...

There's a story that's been popping up on the show for the past few weeks and every time we talk about it we get calls and emails saying, "Is that really true?" Indeed, it is. Democrats in the Illinois Senate are trying to find the votes to pass a bill that would establish a state-run retirement savings program for private-sector workers...