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Labor/Employment,
Civil Litigation,
9th U.S. Circuit Court of Appeals

May 10, 2021

CalSavers not preempted by US law, circuit panel says

The lawsuit by the Howard Jarvis Taxpayers Association was the first to challenge a program like CalSavers on ERISA preemption grounds.

A federal appellate panel has rejected a taxpayer group's attempt to prevent the state government from offering retirement accounts for workers.

The 9th U.S. Circuit Court of Appeals ruled Thursday the federal Employee Retirement Income Security Act of 1974, or ERISA, does not preempt a California law that creates a state-managed individual retirement account program, known as CalSavers.

9th Circui...

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