California has again gone one better in the mandate department as the Golden State now requires employers with at least five employees to offer access to a retirement plan for their employees. Under the CalSavers law, covered employers that do not already offer an employer-sponsored retirement plan, will be required to begin offering a retirement plan or provide their employees with access to CalSavers. Once an employer registers with CalSavers, an automatic deduction of between 2% and 8% of an pay will be deducted from the employee’s paycheck and deposited in that employee’s state-managed CalSavers account (a personal IRA), unless the worker elects a different amount or opts out of participating. The CalSavers program launched as a pilot program in November, but will require all employers to register with the program by July 2022. A lawsuit by the Howard Jarvis Taxpayer Foundation challenging the program is still pending in federal court in Sacramento.