ADMINISTRATIVE CODE
TITLE 74: PUBLIC FINANCE
CHAPTER V: TREASURER
PART 721 SECURE CHOICE SAVINGS PROGRAM
SECTION 721.320 RESPONSIBILITIES OF THE DEPARTMENT


 

Section 721.320  Responsibilities of the Department

 

The Department is responsible for assessing and collecting penalties against employers who fail to enroll 1) employees in the Program and 2) remit their employee's contributions within the timeline prescribed by the Act and this Part.  The Department may exchange information with the Board, Treasurer's Office and the Department of Employment Security for the purpose of implementing, administering and enforcing the Act.

 

(Source:  Amended at 50 Ill. Reg. 1685, effective January 14, 2026)