Strategic Plan
On June 22, 2021 the CalSavers Retirement Savings Board adopted a strategic plan for fiscal years 2021-2024. The strategic plan is the formal framework which the board will follow in guiding the Program through its next phase of development and growth. Read more about our mission, vision, and values in the full report:
Policies
Governing Statute
Regulations
A copy of the regulations governing the CalSavers Retirement Savings Board are included below. Regulations may also be found in the California Code of Regulations. Title 10, Chapter 15, Sections 10000-10008.
The CalSavers Retirement Savings Board recently went through the emergency rulemaking process, filing emergency regulations with the Secretary of State on April 3, 2024, and the regulation changes went into effect on April 10, 2024. The Notice of Approval, Secretary of State-endorsed Form 400, and approved regulation text are included below.
Regular Rulemaking (posted September 29, 2023)
On September 29, 2023, the Office of Administrative Law published a notice of proposed action in the notice register regarding amendments to the CalSavers regulations. The rulemaking will make the temporary amendments to Section 10002 of Chapter 10, Title 15 of the California Code of Regulations, made through the emergency rulemaking process, permanent. The amendments change the Eligible Employer registration process to require registrants to provide both the Federal Employer Identification Number and California Employer Payroll Tax Account numbers. This change is proposed to enhance security of employer information and data.
The notice of proposed rulemaking, initial statement of reasons, and text of regulations amendments are included below:
Text of Regulations Amendments
The public comment period has begun and will conclude November 13, 2023. In order for comments to be included in the public record, they must be submitted to the CalSavers Retirement Savings Board within the comment period. Please include the name of the rulemaking “Rulemaking for the CalSavers Retirement Savings Program” in your comments.
Comments may be submitted electronically to calsavers@sto.ca.gov or mailed to:
CalSavers Retirement Savings Board
Rulemaking for the CalSavers Retirement Savings Program
P.O. Box 942809
Sacramento, CA 95814
Comments may also be delivered via courier to:
CalSavers Retirement Savings Board