First published January 2020
As we begin 2020 focused on major program growth, we’re proud to offer these highlights of CalSavers’ historic first year of active participation. In 2019, we saw our first pilot saver contributions on January 2 nd; welcomed our new board chair State Treasurer Fiona Ma on January 7th; fully launched the program statewide on July 1st; supported our early savers in amassing $1.4 million; and made many program enhancements along the way.
We couldn’t have done this without the leadership of our board, the support and hard work of our business partners and non-profit community allies, feedback from stakeholders, and insights from advisors across the country.
We’re very proud of this strong start and we enter 2020 with boundless energy to fulfill our mission to 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.