Employer Deadline for CalSavers Approaching in Less Than Three Months; 10,000 Employers Registered to Date
Sacramento – State Treasurer Fiona Ma reminds employers with more than 50 employees of the upcoming June 30, 2021 registration deadline for the CalSavers Retirement Savings Program, the State’s new program for workers in the private sector that lack access to a workplace retirement plan. The reminder comes as the pioneering program hit a milestone […]
United States Department Of Justice Agrees That CalSavers Program Is Illegal
Today (13) the United States Department of Justice filed a “Statement of Interest” in the U.S. District Court agreeing with the Howard Jarvis Taxpayers Association (HJTA) in its legal action against California’s so-called “CalSavers” program. Originally called “Secure Choice,” CalSavers is a state-run retirement plan for private-sector employees. HJTA contends that it is an illegal […]
