SPRINGFIELD - In an attempt to take more money from taxpayers, Illinois state Senator Daniel Biss (D-Evanston) is advancing legislation that would require private businesses without retirement plans to enroll workers in a statewide government savings program.
The program would take 3 percent from every employee paychecks and put money into a managed investment fund. Employees could choose to opt out of the program.
Business groups say the state shouldn't force businesses to enroll employees. They argue it would add costs and complications to businesses.