CalSavers: retirement savings.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill amends the CalSavers Retirement Savings Act to simplify vendor registration, set new timelines for employers to offer payroll‑deposit retirement plans, and adjust default contribution rates and automatic escalation caps. It also clarifies board composition, fiduciary duties, trust‑fund financing, and the enforcement and appeal process. These changes aim to make the program easier to run and expand participation among California workers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

Read third time. Passed. Ordered to the Senate. (Ayes 60. Noes 14. Page 5391.) · May 26, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Aug 13, 2026
• Appropriations Committee Hearing
  Appropriations · Aug 3, 2026
• Revenue and Taxation Committee Hearing
  Revenue and Taxation · Jun 24, 2026
• Labor, Public Employment and Retirement Committee Hearing
  Labor, Public Employment and Retirement · Jun 17, 2026
• Appropriations Committee Hearing
  Appropriations · May 14, 2026

History

1. May 27, 2026In Senate. Read first time. To Com. on RLS. for assignment.
2. May 26, 2026Read third time. Passed. Ordered to the Senate. (Ayes 60. Noes 14.)
3. May 22, 2026Read third time and amended. Ordered to third reading. (Page 5275.)
4. May 19, 2026Read second time. Ordered to third reading.
5. May 18, 2026Read second time and amended. Ordered returned to second reading.
6. May 14, 2026From committee: Amend, and do pass as amended. (Ayes 11. Noes 3.) (May 14).
7. May 6, 2026In committee: Set, first hearing. Referred to APPR. suspense file.
8. Apr 23, 2026From committee: Do pass and re-refer to Com. on APPR. (Ayes 6. Noes 0.) (April 22). Re-referred to Com. on APPR.
9. Mar 25, 2026Re-referred to Com. on L. & E.
10. Mar 24, 2026From committee chair, with author's amendments: Amend, and re-refer to Com. on L. & E. Read second time and amended.
11. Mar 16, 2026Referred to Com. on L. & E.
12. Feb 21, 2026From printer. May be heard in committee March 23.

The 12 most recent of 13 recorded actions.

Sponsors

• Gail Pellerin (D) · sponsor
• Pellerin

Bill text

Opens the legislature’s own copy.

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