Quinn is expected to sign it. Controversial because it imposes a withholding requirement on employers.

Comment: The bill allows for a maximum fee to manage these accounts of .75%, which is far too high. It should allow for simple ETF selections and the fees should total far less than that.

 

http://www.chicagobusiness.com/article/20141203/BLOGS02/141209872/new-illinois-law-enrolls-2-5-million-workers-in-retirement-plans