Posts Tagged ‘CalSavers’

CalSavers Registration Begins July 1

In 2016, the California Legislature passed a bill that laid the foundation for a state-run retirement plan, and in 2018, the final governing regulations were adopted. Eligible employers can begin to register for the CalSavers Retirement Savings Program (CalSavers) on July 1. CalSavers is a retirement savings program for private-sector workers whose employers don’t offer […]

19 Jun 19 - Benefits - Erika Pickles - No CommentsRead More »

State-Run Retirement Savings Plan OK’d, Mandatory Enrollment Coming in 2020

California employers that don’t already offer a workplace retirement savings vehicle will be required to either begin offering one via private market or provide their employees access to CalSavers, a state-run retirement savings plan, as early as June 2020. The CalSavers pilot program is open for employers to enroll; however, mandatory enrollment and contributions don’t […]

6 Dec 18 - Benefits - HRWatchdog - No CommentsRead More »