CalSavers Retirement Savings Board
2025 Board Meetings
Tentative Meeting Schedule Executed Resolutions
Board meeting agendas shall be posted no later than ten days prior to each meeting. Individual agenda items will be posted prior to the meeting as they become available. The public shall be notified as the items are posted.
- June 19, 2025
- March 6, 2025
- Agenda
- Item 1 – Minutes of the November 19, 2024, and January 23, 2025, Meetings of the CalSavers Retirement Savings Board
- Item 2 – Fiduciary Responsibility Training
- Item 3 – Executive Director’s Report
- Attachment 3A: Summary of Program Participation & Funding as of January 31, 2025
- Attachment 3B: Employer Enforcement Activity as of January 31, 2025
- Attachment 3C: Quarterly Risk Heat Map
- Attachment 3D: CalSavers Retirement Savings Board Fund Manager’s Report as of June 30, 2024
- Attachment 3E: 2024 Year in Review Report
- Item 4 – Program Administrator’s Report
- Item 5 – Fourth Quarter Investment Performance Report
- Attachment 5A: Investment Performance Report for the Quarter Ending December 30, 2024
- Attachment 5B: Investment Performance Snapshot for Month of January 2025.
- Attachment 5C: Target Date Fund Updates
- Item 6 – Administrative Fund Audit Report for Fiscal Year 2023-24
- Item 7 – Approval of Emergency Regulations to Create an Employer Participation Incentive Program by Adopting Section 10012 of Chapter 15 of Title 10 of the California Code of Regulations and Authority to Conduct Rulemaking
- Attachment 7A: Text of Regulations
- Attachment 7B: Resolution 2025-03: Resolution of the CalSavers Retirement Savings Board to Adopt Emergency Regulations Creating Section 10012 of Chapter 15, Title 10 of the California Code of Regulations and Authority to Conduct Rulemaking Activities
- Item 8 – Approval to extend Agreement No. CSCRSIB07-17A with Program Administrator Ascensus College Recordkeeping Services, LLC and Agreement No. CSCRSIB07-17B with State Street Global Advisors for Investment Management Services
- Item 9 – Approval to Initiate the Request for Proposal (RFP) Process for Program Administrator and Investment Manager Contracts
- Board Members attending March 6th, 2025 meeting remotely:
- Michelle Gastelum
- Nam Le
- Stephen Prough
- All other Board Members in attendance will attend in person at the public meeting location.
- January 23, 2025
- Agenda
- Item 1 – Discussion and Opportunity to Approve Payroll Integration Option
- Attachment 1A: Considerations for Approval of Usage of Optional Payroll Aggregator
- Attachment 1B: Program Administrator Report on Optional Payroll Aggregator
- Attachment 1C: Payroll Integrations & CalSavers
- Attachment 1D: Resolution 2025-01 Approval for Employer Payroll Aggregator Option
- Board Members attending January 23rd, 2025 meeting remotely:
- Michelle Gastelum
- Nam Le
- Stephen Prough
- William Sokol
- All other Board Members in attendance will attend in person at the public meeting location.