Events Upcoming
New Members
Date and Time
Tuesday Oct 4, 2022
4:00 PM - 7:00 PM CDT
Fees/Admission
Complimentary Dinner To Take Home To Your Family
Contact Information
Lisa Schafer
Send Email
Event Sponsors
Description
Learn more about the retirement benefit, Signature Fiduciary Connect. This is a casual opportunity to learn more about the program - no formal presentation will be given.
As a thank you for your time, The Chamber, in partnership with Bank of Springfield & John Hancock, invites you to stop in and pick up a couple meals to take home to your family - on us!
How It Works:
Background
Illinois state law currently requires every Illinois employer with twenty-five or more full-time and/or part-time (FT/PT) employees to offer their own retirement program, either through a private plan or through Illinois Secure Choice, a retirement program offered through the Illinois State Treasurer’s office.
However, effective November 1, 2022, the law will be expanded to include employers with as few as sixteen (16) FT and/or PT employees. Employers who do not comply with the law will be subject to fines and penalties. Employers with five (5) or more FT and/or PT employees will be required to comply with the law effective November 1, 2023.
Regardless of what option is chosen, it is important to ensure your business complies with this new law. The Chamber has researched alternatives for its members, and has established a member benefit option that offers small to mid-size companies a simple, flexible and easy to administer plan.
To provide members with information about this alternative, several in-person opportunities are scheduled. There is no cost to attend, and food will be provided free of charge. RSVP's are strongly encouraged.
As a thank you for your time, The Chamber, in partnership with Bank of Springfield & John Hancock, invites you to stop in and pick up a couple meals to take home to your family - on us!
How It Works:
- Join us after you finish up work, anytime between 4:00 and 7:00 pm.
- Order entrees and while they're being prepared, have a beverage and some appetizers with us.
- When the food is ready, you can take dinner home!
Background
Illinois state law currently requires every Illinois employer with twenty-five or more full-time and/or part-time (FT/PT) employees to offer their own retirement program, either through a private plan or through Illinois Secure Choice, a retirement program offered through the Illinois State Treasurer’s office.
However, effective November 1, 2022, the law will be expanded to include employers with as few as sixteen (16) FT and/or PT employees. Employers who do not comply with the law will be subject to fines and penalties. Employers with five (5) or more FT and/or PT employees will be required to comply with the law effective November 1, 2023.
Regardless of what option is chosen, it is important to ensure your business complies with this new law. The Chamber has researched alternatives for its members, and has established a member benefit option that offers small to mid-size companies a simple, flexible and easy to administer plan.
To provide members with information about this alternative, several in-person opportunities are scheduled. There is no cost to attend, and food will be provided free of charge. RSVP's are strongly encouraged.
