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Judge Tosses Challenge to CalSavers Retirement Plan
Courthouse News Service
Mar. 11, 2020 "Upholding his March 2019 order, U.S. District Judge Morrison England ruled Tuesday that the private sector retirement plan, now called CalSavers, isn't pre-empted by [ERISA].... 'There are no additional burdens or requirements imposed by CalSavers on existing ERISA or employer-sponsored retirement plans which interfere with ERISA's regulatory domain or govern any central matter of plan administration,' England wrote Tuesday. Laura Dougherty, staff attorney with the taxpayer association, says it will appeal to the Ninth Circuit." [Howard Jarvis Taxpayers Ass'n v. The California Secure Choice Retirement Savings Program, No. 18-1584 (E.D. Cal. Mar. 10, 2020)] MORE >> |
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