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Bills

SB 1207: CalSavers Retirement Savings Program.

  • Session Year: 2017-2018
  • House: Senate
  • Latest Version Date: 2018-04-09
Version:

Existing law, known as the California Secure Choice Retirement Savings Trust Act, establishes the California Secure Choice Retirement Savings Program, administered by the California Secure Choice Retirement Savings Investment Board. The program requires specified eligible employers, as defined, to offer a payroll deposit retirement savings arrangement and requires eligible employees, as defined, who do not opt out of the program, to contribute a portion of their salary or wages to a retirement savings account in the program, as specified.

This bill would change the name of the California Secure Choice Retirement Savings Program to the CalSavers Retirement Savings Program and would make conforming changes.

Existing law provides that, in specified criminal proceedings, the district attorney may move to exclude from evidence the victims current address and telephone number.This bill would make technical, nonsubstantive changes to those provisions.

News Coverage:

SB 1207: CalSavers Retirement Savings Program. | Digital Democracy