Strategic Plan
On August 21, 2024, the CalSavers Retirement Savings Board adopted a strategic plan for fiscal years 2024-2029. 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 is included below. Regulations may also be found in the California Code of Regulations. Title 10, Chapter 15, Sections 10000-10012.
Emergency Rulemaking (April 1, 2025)
The CalSavers Retirement Savings Board has adopted emergency regulations amendments that were approved by the Board in March 2025 and filed with the Secretary of State on April 1, 2025, which is also the date the regulations became effective. The amendments established and implemented an employer financial incentive program. The Notice of Approval for the rulemaking is included below:
Regular Rulemaking (April 25, 2025)
On April 25, 2025, the Office of Administrative Law published a notice of proposed action in the California Regulatory Notice Register regarding amendments to the CalSavers regulations. The rulemaking will create an employer incentive program, communicate to employers how to qualify for the opportunity to win said incentives, describe what the incentives will be, how the incentives will be disbursed to employers, and for how long the incentives will be available. Additionally, the proposed regulations update employer registration requirements to include that employers must register and establish a payroll deposit retirement savings arrangement with CalSavers.
The notice of proposed rulemaking, initial statement of reasons, and text of regulations amendments are included below:
The public comment period has begun and will conclude June 9, 2025. 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. It is requested that email transmission of comments, particularly those with attachments, contain “regulation” in the subject line; to facilitate timely identification and review of the comment.
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
Re: Rulemaking for the CalSavers Retirement Savings Program
901 P Street, Suite 313B
Sacramento, CA 95814