Note: This is a summary of a select section of Public Act 16-29. Click here to view Public Act 16-29 in its entirety.
Employee Opt-Out Provision
Existing law and the bill allow employees to affirmatively opt out of the automatic contribution plan. Under the bill a covered employee may opt out of the program by electing a contribution level of zero. Click here to view more Public Act 16-29 summaries.