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Home > 2022 > August > Archives for 27th

Archives for August 27, 2022

California Passes Legislation to Expand Mandated Retirement Plans

August 27, 2022 Filed Under: Employee Benefits (CA)

Jackson Lewis

In 2016 California passed legislation that employers who do not sponsor an employee-retirement plan must participate in a state-run retirement program. This program became known as CalSavers.

While there have been legal challenges to CalSavers, the program persists. CalSavers provides an opportunity for employees to defer wages, through payroll deductions by the

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