CA Legally Required CalSavers With New Requirements

Master Employee Relations

CalWorkSafety & HR, LLP

CA Legally Required CalSavers With New Requirements

Employer Registration is Open

1. State law requires that California employers who don’t already offer an employer-sponsored retirement plan and who have five or more employees, either sponsor a retirement plan or participate in CalSavers.
2. The three-year phased rollout includes staggered deadlines for registration based on employer size. All eligible employers are encouraged to join at any time prior to their registration deadline or register their exemption.

• More than 100 Employees Extended from June 30, 2020 to September 30, 2020 Deadline Passed. Register Today
• More than 50 Employees June 30, 2021 – 5 or more employees June 30, 2022
• There is a deadline coming on June 30, 2021 – For employers with between 50 and 100 employees (who do not have a 401K or other qualified retirement plan