California Secure Choice Retirement Savings Investment Board

What This Means for Taxpayers

  • There will be NO cost to taxpayers. The Program will be self-sustaining through participant fees.
  • The State would will have no liability for the Program funding, investment performance, or the payment of benefits to Secure Choice participants.
  • By enabling participants to save for retirement, they will be less reliant on taxpayer funded public services when they retire.