After nearly two years of work, the California Secure Choice Retirement Savings Investment Board approved in March 2016 a slate of recommendations to the Legislature on what a state-managed plan should look like. Those were folded into pending legislation by Senate leader Kevin de León, D-Los Angeles, with the goal of putting a bill to launch the program on Gov. Jerry Brown’s desk this summer. In this debate over initial legislation on Aug. 31, 2012, Republican lawmakers denounced what they called a proposal for a "massive" government program, and Democrats argued a state retirement plan would fill "huge gap" for California residents. Video courtesy the California Channel. Courtesy of California Channel
After nearly two years of work, the California Secure Choice Retirement Savings Investment Board approved in March 2016 a slate of recommendations to the Legislature on what a state-managed plan should look like. Those were folded into pending legislation by Senate leader Kevin de León, D-Los Angeles, with the goal of putting a bill to launch the program on Gov. Jerry Brown’s desk this summer. In this debate over initial legislation on Aug. 31, 2012, Republican lawmakers denounced what they called a proposal for a "massive" government program, and Democrats argued a state retirement plan would fill "huge gap" for California residents. Video courtesy the California Channel. Courtesy of California Channel
Capitol Alert

Capitol Alert

The go-to source for news on California policy and politics

Capitol Alert

California retirement benefit program in Congress’ crosshairs

February 08, 2017 4:32 PM

Comments

Videos

Capitol Alert staff


Amy Chance
Political editor
achance@sacbee.com
@Amy_Chance

Dan Smith
Capitol bureau chief
smith@sacbee.com
@DanielSnowSmith

Jim Miller
California policy and politics
Capitol Alert editor
jmiller@sacbee.com
@jimmiller2

Christopher Cadelago
California politics
ccadelago@sacbee.com
@ccadelago

Angela Hart
California politics
ahart@sacbee.com
@ahartreports

Alexei Koseff
Legislature
akoseff@sacbee.com
@akoseff

Taryn Luna
lobbying and influence
tluna@sacbee.com
@tarynluna

Dan Walters
columnist
dwalters@sacbee.com
@waltersbee

Twitter
@CapitolAlert

Facebook
@capitolalert