CalSavers Retirement Savings Board
Overseeing the CalSavers Retirement Savings Program
Highlights
- Notice of Intent to Award RFP CRSB03-25
- Addendum to RFP CRSB03-25
- Notice of Intent to Award RFP CRSB04-25
- CalSavers Employer Incentive Campaign Drawing, Public Hearing, and Results
- Webinar Schedule
- Participation and Financial Reports
- Digital Toolkit
- Sign Up to Receive CalSavers Updates
- Request for Proposals
About CalSavers
CalSavers Mandate Is In Effect For All Eligible Employers – Take Action Immediately
Effective January 1, 2026, all California employers with one or more employees are required by law to provide access to a qualified retirement program or certify a valid exemption with CalSavers.
Compliance is mandatory, and financial penalties will be assessed for continued non-compliance. There is still time to register and achieve compliance without penalty.
Register or exempt your business today. For immediate assistance, you can also get answers to your questions on exemptions and registration steps from our AI assistant, CalSavvy, located here.
CalSavers is California’s retirement savings program designed for the millions of Californians who lack a way to save for retirement at their job.
CalSavers was created by legislation passed in 2016 requiring California employers that do not sponsor a retirement plan to participate in CalSavers – an automatic enrollment individual retirement account (IRA) with no employer fees or fiduciary liability. Operating at no taxpayer expense, CalSavers is professionally managed by private sector financial firms with oversight from a public board chaired by the State Treasurer.
Each year, newly mandated employers will receive notifications informing them about their mandate status and will be required to register by the end of the calendar year if they have five or more employees and do not sponsor a retirement plan.
MISSION:
Ensure all Californians have a path to financial security in retirement by providing a simple, portable, low-cost way for workers to invest in their futures.