340 | 2025 Cal-Peculiarities ©2025 Seyfarth Shaw LLP www.seyfarth.com 71 CalSavers Retirement Savings Program, available at https://www.calsavers.com/ (last visited Feb. 14, 2025); see also California Secure Choice Retirement Savings Investment Board, available at https://www.treasurer.ca.gov/calsavers/ (last visited Feb. 14, 2025). 72 10 Cal. Code Regs. § 10000(m); see also 10 Cal. Code Regs. § 10000(aa) (defining “tax-qualified retirement plan” as a retirement plan that qualifies for favorable federal income tax treatment under Internal Revenue Code sections 401(a), 401(k), 403(a), 403(b), 408(k), or 408(p)). 73 SB 1126, amending 21 Cal. Gov’t Code §§ 100000 and 100032. 74 21 Cal. Gov’t Code § 100000(h) (defining “payroll deposit retirement savings arrangement” as an arrangement by which an employer allows employees to remit payroll deduction contributions to a retirement savings program, which may include an IRA, and in the case of a payroll deduction IRA arrangement, to remit specifically to an IRA”). 75 10 Cal. Code Regs. § 10002. 76 Cal. Gov’t Code § 100000(d)(1). 77 10 Cal. Code Regs. § 10005(a). 78 10 Cal. Code Regs. § 10005(a)(4). 79 CalSavers Retirement Savings Program, Frequently Asked questions, Fees & Costs, available at https://www.calsavers.com/home/frequently-asked-questions.html (last visited Feb. 24, 2025); CalSavers Fee Structure Changes, Effective June 1, 2023, available at https://saver.calsavers.com/home/fee2023.html (last visited Mar. 21, 2025). 80 CalSavers Fee Structure Changes, Effective June 1, 2023, available at https://saver.calsavers.com/home/fee2023.html (last visited Mar. 21, 2025). 81 See Howard Jarvis Taxpayers Ass’n v. California Secure Choice Ret. Sav. Program, 997 F.3d 848 (9th Cir. 2021), cert. denied sub nom. Howard Jarvis Taxpayers Ass’n v. California Secure Choice Ret. Sav. Program, No. 21-558, 2022 WL 585886 (U.S. Feb. 28, 2022). 82 Cal. Gov’t Code § 100033(b). 83 SB 280, amending Ins. Code §§ 10112.281 and 10112.282. 84 Id. 85 Id. 86 Id. 87 Health & Safety Code § 1357.503; Ins. Code § 10753.05. 88 592 U.S. 215 (2022). 89 410 U.S. 113 (1973). 90 505 U.S. 833 (1992). 91 CAL. CONST. Art. I, § 1.1. 92 SAN FRANCISCO, CAL Env’t Code § 427. 93 SAN FRANCISCO, CAL Env’t Code § 427(b); San Francisco’s Commuter Benefits Ordinance, available at https://www.sfenvironment.org/commuter-benefits-ordinance-sf (last visited Mar. 21, 2025). 94 SAN FRANCISCO, CAL Env’t Code § 427(a)(3); Frequently Asked Questions – Commuter Benefits Program, available at https://www.sfenvironment.org/frequently-asked-questions-faqs-about-commuter-benefits-program (last visited Feb. 14, 2025). 95 Id., Frequently Asked Questions – Commuter Benefits Program. 96 Id. 97 Commuter Benefits Compliance Reporting Form, available at https://sfenvironment.org/sf-commuter-benefits-ordinance-compliance-form (last visited Feb. 14, 2025). 98 Frequently Asked Questions – Commuter Benefits Program. 99 SAN FRANCISCO, CAL Env’t Code § 427(c)(3); Rule No. SFE13-01-CBO, available at https://www.sfenvironment.org/files/policy/sfe_tr_commuterbenefitsregs_reg_sfe13-01-cbo.pdf (last visited Feb. 14, 2025). 100 San Francisco’s Commuter Benefits Ordinance, available at https://www.sfenvironment.org/commuter-benefits-ordinance-sf (last visited Mar. 21, 2025). 101 Cal. Gov’t Code § 65081; Bay Area Air Quality Management District’s Regulation 14, available at https://www.baaqmd.gov/~/media/dotgov/files/rules/regulation-14-rule-1-bay-area-commuter-benefitsprogram/documents/rg1401.pdf?la=en&rev=62a4555512da4e39a435814e9f3be923 (last visited Feb. 14, 2025). 102 Bay Area Air Quality Management District’s Regulation 14; Bay Area Commuter Benefits Program Frequently Asked Questions (updated as of January 3, 2023), available at https://511.org/media/409/show (last visited Mar. 21, 2025). 103 Bay Area Air Quality Management District’s (Air District) Regulation 14. 104 Id. 105 Id. 106 Id.
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