Outgoing Illinois Governor Patrick Quinn, who lost his reelection bid in November, in his last days in office signed a bill into law requiring all Illinois businesses with 25 employees or more to offer individual retirement savings options to their employees by June 1, 2017. Under the law, businesses will have an option of using a private firm, or joining the state-created Illinois Secure Choice Savings Program. The Governor had argued that the mandate was necessary because 2.6 million Illinois employees did not have an employer-sponsored retirement plan. Wasn’t Social Security created (under the Social Security Trust Fund to protect it from the reach of the government) to provide retirement savings??