CalSavers Mandatory Retirement Program Important Dates
Beginning on July 1, 2019, California private employers with 5 or more employees, who do not already sponsor a retirement plan, may voluntarily enroll in the CalSavers Retirement Savings Program (CalSavers). Employers that do not voluntarily enroll must enroll in CalSavers according to the following schedule:
- Over 100 employees – June 30, 2020
- 50-99 employees – June 30, 2021
- 5-49 more employees – June 30, 2022