Bloomberg Law
Feb. 28, 2022, 2:36 PM

California’s Auto-Retirement Program Denied Supreme Court Review

Jacklyn Wille
Jacklyn Wille
Legal Reporter

The U.S. Supreme Court declined to hear a case asking whether California’s automatic retirement program for workers without employer-sponsored plans can coexist alongside the federal Employee Retirement Income Security Act, the justices announced Monday.

The lawsuit by Howard Jarvis Taxpayers Association, a California policy group that supports lower taxes, asked the court to strike down the CalSavers Retirement Savings Program as preempted by the federal ERISA statute. CalSavers is an invalid attempt by the state to insert itself into the federally preempted field of workplace retirement plans and impose mandates and rules that conflict with ERISA, Howard Jarvis claims.

At ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.