Illinois SR 113: RETIREMENT SAVINGS OPTIONS

Bill Text

• 

 Illinois General Assembly - Full Text of SR0113 

• 

• 

• 

• 

• 

• 

• 

• 

• 

• 

• 

• 

 Select Language

 × 

 The Illinois General Assembly offers the Google Translate™ service for visitor convenience. In no way should it be considered accurate as to the translation of any content herein.

 Visitors of the Illinois General Assembly website are encouraged to use other translation services available on the internet.

 The English language version is always the official and authoritative version of this website.

 NOTE: To return to the original English language version, select the "Show Original" button on the Google Translate™ menu bar at the top of the window.

 Choose Language 

 English 

 Afrikaans 

 Albanian 

 Arabic 

 Armenian 

 Azerbaijani 

 Basque 

 Bengali 

 Bosnian 

 Catalan 

 Croatian 

 Czech 

 Danish 

 Dutch 

 Esperanto 

 Estonian 

 Filipino 

 Finnish 

 French 

 Galician 

 Georgian 

 German 

 Greek 

 Gujarati 

 Haitian Creole 

 Hausa 

 Hawaiian 

 Hebrew 

 Hindi 

 Hungarian 

 Icelandic 

 Indonesian 

 Interlingua 

 Interlingue 

 Inuktitut 

 Irish 

 Italian 

 Japanese 

 Javanese 

 Kannada 

 Khmer 

 Korean 

 Latin 

 Latvian 

 Lithuanian 

 Luxembourgish 

 Macedonian 

 Malagasy 

 Malayalam 

 Maltese 

 Maori 

 Marathi 

 Myanmar 

 Nepali 

 Norwegian 

 Odia 

 Pashto 

 Punjabi 

 Romanian 

 Russian 

 Samoan 

 Sango 

 Sanskrit 

 Sardinian 

 Sindhi 

 Sinhala 

 Slovak 

 Slovenian 

 Somali 

 Southern Sotho 

 Spanish 

 Sundanese 

 Swahili 

 Swedish 

 Tamil 

 Telugu 

 Thai 

 Tigrinya 

 Tonga 

 Turkish 

 Ukrainian 

 Urdu 

 Vietnamese 

 Welsh 

 Xhosa 

 Yiddish 

 Yoruba 

 Zulu 

 Powered by Translate 

 Close 

 Illinois General Assembly

 Top Navigation Bar

 Translate 

 Learn 

 Select General Assembly 

 Search the 104th General Assembly 

 Enter search terms for legislation, members, committees, or schedules. 

 ILGA.GOV 

• 

• 

 LEGISLATION & LAWS 

• Bills & Resolutions 

• Public Acts 

• Illinois Compiled Statutes 

• Illinois Constitution 

• Search Legislation 

• Glossary 

• Guide 

• 

 Reports & Inquiry 

• Legislative Reports 

• Special Reports 

• FTP Site 

• Legislator Lookup 

• Capitol Complex Phone Numbers 

• 

 Rules & Regulations 

• Illinois Register 

• Administrative Rules 

• 

 Senate 

• 
 Members 

• Schedules 

• Committees 

• 

 Request for Remote Testimony 

• Journals 

• Transcripts 

• Rules 

• Audio/Video 

• FOIA Information 

• Senate Employment Opportunities 

• Media Guidelines 

• 

 House 

• 
 Members 

• Schedules 

• Committees 

• 

 Submit testimony for House Committees 

• Journals 

• Transcripts 

• Rules 

• Audio/Video 

• FOIA Information 

• House Employment Opportunities 

• Log In 

 Mobile Top Bar

 Search the 104th General Assembly 

 Enter keywords to search the Illinois General Assembly website. 

 Full Text of SR0113

• Home 

• Legislation 

• Full Text 

 SR0113 - 104th General Assembly 

• 
 Bill Status 

• 
 Full Text 

• 
 Votes 

• 
 Witness Slips 

 Select Menu 

 Bill Status 
 Full Text 
 Votes 
 Witness Slips 
 Printer Friendly Version 

 Introduced 

 Printer Friendly Version 

 Introduced 

 Open PDF 

SR0113LRB104 11884 ECR 21975 r

1SENATE RESOLUTION

2 WHEREAS, The State of Illinois is home to a diverse and 

3vibrant workforce that contributes significantly to the 

4economic success and growth of our State; and

5 WHEREAS, As our population continues to age, the 

6importance of securing financial stability and independence in 

7retirement becomes increasingly evident for individuals of all 

8socioeconomic backgrounds; and

9 WHEREAS, It is universally recognized that retirement 

10savings are essential for maintaining financial well-being in 

11later years as well as for promoting dignity, security, and a 

12high quality of life; and

13 WHEREAS, Despite the importance of preparing for 

14retirement, many workers across Illinois lack access to 

15retirement savings options or face barriers to participation 

16in employer-sponsored retirement plans, which can lead to 

17financial insecurity in their later years; and

18 WHEREAS, Employers, as key partners in the workforce, have 

19an ethical obligation to provide their employees with access 

20to retirement savings options as part of their responsibility 

21to support their employees' long-term financial health and 

SR0113- 2 -LRB104 11884 ECR 21975 r

1security; and

2 WHEREAS, Offering retirement options, such as 401(k) 

3plans, IRAs, or other retirement savings programs, not only 

4benefits employees but also strengthens our State's economy by 

5ensuring that workers can retire with confidence and continue 

6to contribute to the State's consumer spending and economic 

7growth; and

8 WHEREAS, The retirement community is a critical segment of 

9the Illinois economy whose members drive demand for goods and 

10services and create jobs across various indust