Mandatory Retirement Plans – CA law now requires CA employers not already offering employer-sponsored retirement plan to begin retirement plan withholdings – either to an employer-sponsored plan or to Cal Savers. Employer participation is mandatory and registration deadlines vary based on employer size. For more information, please visit www.calsavers.com
- More than 100 employees – deadline was September 30, 2020
- More than 50 employees – deadline is June 30, 2021
- Five or more employees – deadline is June 30, 2022
This will be the starter subject at our February 26, 2021 Coffee and HR Convo – our Members Only networking monthly Zoom call.