Business / Economy

CalSavers Retirement Savings Plan business workshop to take place Dec. 6

The plan is now open to all California employers with five employees or more that currently do not offer a qualified retirement plan.
Photo courtesy of Pixabay.
Photo courtesy of Pixabay.
CalSavers

This article was contributed by Kristina Chavez Wyatt, executive director of the San Benito County Business Council.

Please join representatives from California State Treasurer Fiona Ma’s Office and event co-sponsors the Hispanic Chamber-Central Coast, San Benito County Chamber of Commerce and San Benito County Business Council for a business workshop on CalSavers Retirement Savings Plan. The plan is now open to all California employers with five employees or more that currently do not offer a qualified retirement plan.

A new California law requires employers with five employees or more to offer a qualified retirement savings plan to their employees or facilitate access to CalSavers. The law does not require employers to contribute to their employees savings account, but a program must be offered and made available. CalSavers is available at no cost to employers.

Join us for a no-cost informational lunch to find out how you and your employees can benefit from this retirement savings plan. The lunch will be held 12:30-1:30 p.m. on Friday, Dec. 6 at La Catrina Restaurant, located at 449 San Benito Street in downtown Hollister. To attend, please RSVP via email to [email protected] or (831) 272-4075.

 

San Benito County Business Council

Established in 2002, the Business Council is a 501 C 6 non-profit organization comprised of more than 45 businesses, municipal, non-profit and community agencies, representing more than 2,500 employees in San Benito County and throughout the Monterey Bay region. The top 4 priority goals for 2021 identified by our member survey participants are as follows:

1. Retention, expansion, job creation and growth of existing businesses
2. EDC Comprehensive Economic Development Strategy Implementation - New business attraction
3. Measure G Implementation, roads, transportation, decaying infrastructure
4. Building relations with elected officials and staff