Webinar: CalSavers Retirement Program for Farm Labor Contractors

Large employers (over 100 employees) without a retirement plan for employees will be required by California law to register for CalSavers, a state-sponsored retirement plan, and facilitate their employees access by September 30, 2020 (the original deadline of June 30 was delayed due to COVID-19). Deadlines for smaller employers will be phased in over three years. Employers who sponsor their own qualified retirement plan are exempt.

Join us to learn what this new state-sponsored plan is all about – your requirements as an employer, and the impacts on and options available to employees. We’ll also explore EZ$SAVINGS4U (unaffiliated with CalSavers): an easy to implement option for employers concerned about costs and liabilities associated with sponsoring a retirement plan. Assembled by three professionals with over 100 years of combined experience in employee benefit planning, their approach may appeal to employers of seasonal workers with high turnover rates and variable hour employment.

Come prepared with your questions, as this program can be tricky with short-term employees, immigrant workers, and other situations particular to farm labor contractors.

Presenters

Jonathan Herrera is the Outreach & Marketing Manager for the CalSavers Retirement Savings Program and has nearly 20 years of experience working in both personal and government finance.

Ed McClements Jr. is the President of McClements Insurance Services with 44 years of employee benefit experience, including the past 29 years serving the agriculture industry. At age 14, he was the youngest person ever granted an insurance license in the state of California. Formerly, Mr. McClements was the Executive Vice President of United Agricultural Benefit Trust, Branch Manager for one of California's largest insurance brokerages, and President of APMA.