Governing Statute

Policies

Strategic Plan

On June 25, 2018 the California Secure Choice Retirement Savings Investment Board adopted a strategic plan for fiscal years 2018-2021. The strategic plan is the formal articulation of the Board’s purpose and plan for the launch and administration of the CalSavers Retirement Savings Program. Read more about our mission, vision, and values below:

Regulations

The California Secure Choice Retirement Savings Investment Board adopted regulations to implement, interpret, and make specific the rules, policies, and procedures for the CalSavers Retirement Savings Program. The regulations were adopted using the emergency rulemaking process and took effect November 19, 2018. The final text of the regulations is included below:

Regular Rulemaking Documents

On March 1, 2019 the California Secure Choice Retirement Savings Investment Board ("Board") issued a Notice of Proposed Rulemaking Action to adopt permanent regulations. The 45-day public comment period closed at 5:00 P.M. April 15, 2019. A public hearing on the proposed regulations was held April 15, 2019 at 915 Capitol Mall, Room 587, Sacramento, CA 95814.

After filing the regulations with the Office of Administrative Law, the Board withdrew the regulations to modify the text of the regulations and amend the Initial Statement of Reasons. The Notice of Modifications to the Text of the Regulations and Notice of Addition of Documents to the Rulemaking File, Modified Text of Proposed Regulations, and Addendum to the Initial Statement of Reasons are included below:

The Board first modified the proposed text of the regulations in May 2019. The Notice of Modifications, Addendum to the Initial Statement of Reasons, and modified text for the first modification of the regulations are included below.

The Notice of Proposed Rulemaking Action, Initial Statement of Reasons, and text of the proposed regulations from the initial notice of the regulations are included below.

Readoption of Emergency Regulations

The California Secure Choice Retirement Savings Investment Board readopted the emergency regulations that originally took effect November 19, 2018. The first readoption extended the effectiveness of the emergency regulations until August 20, 2019. The second readoption extended the effectiveness of the regulations until November 19, 2019.

Second Readoption of Emergency Regulations

First Readoption of Emergency Regulations