32,000 Illinoisans save $8.5 million in first year of new program
32,000 Illinoisans save $8.5 million in first year of new program
Illinois Treasurer Michael Frerichs on Monday continued to promote a new state program which he says is a first step to alleviating a nationwide “retirement crisis.” Frerichs said more than 32,000 Illinoisans have saved more than $8.5 million for their retirement as part of Illinois Secure Choice, a program which has been implemented in the past year after it was created by state law in 2015.
Senate President Cullerton to retire
Senate President John Cullerton will resign from the General Assembly sometime in January, he told his caucus in a meeting after the fall veto session concluded Thursday. The Chicago Democrat spent almost 40 years in the General Assembly, first serving in the House before moving to the Senate. He was elected president of that chamber in 2009, and one of his tasks was presiding over the...