On April 15, 2020, the CalSavers Board voted to postpone the enrollment deadline for employers with 100+ employees to September 30, 2020. The original deadline was June 30, 2020. The move does not change existing deadlines for 2021 or 2022. Employers with more than 50 employees have until June 30, 2021, and employers with at least five employees have until June 30, 2022, to register.
“Business owners are facing unprecedented challenges due to the COVID-19 emergency,” said California State Treasurer Fiona Ma, who chairs the California Secure Choice Retirement Savings Investment Board. “We hope this action will help employers as they navigate through this difficult time. We are ready to help employers get started as they move into recovery,” Ma said.
For more information, please see the press release posted on California State Treasurer’s website.