California Government Code

§ 100016

GOV § 100016 Effective Jun 27, 2018Title 21

Statute text

(a)Prior to opening the CalSavers Retirement Savings Program for enrollment, if there is sufficient interest by vendors to participate and provide the necessary funding, the board shall establish both of the following:

(1)A Retirement Investments Clearinghouse on its Internet Web site.

(2)A vendor registration process through which information about employer-sponsored retirement plans, and payroll deduction IRAs offered by private sector providers is made available for consideration by eligible employers.

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Legislative history

Amended by Stats. 2018, Ch. 37, Sec. 35. (AB 1817) Effective June 27, 2018.