Establishing Automatic Retirement Accounts in Illinois with the "Secure Choice Retirement Plan"

Sen Dan Biss (D) talks with the Illinois Channel about his legislation, the "Secure Choice Retirement Savings" program, that would create a 401-k style retirement account for every worker in Illinois. This automatic savings/investment plan would NOT be mandatory, but would require the employee to OPT OUT of participating, rather than opting in to a retirement plan.