California's new retirement program: Do we need it? | March 29, 2013 | Pleasanton Weekly | |

Pleasanton Weekly

- March 29, 2013

California's new retirement program: Do we need it?

Law mandates employers with more than 5 employees must participate unless they have own retirement program.

by Gary Alt

The media coverage of last year's presidential election drowned out the news of a controversial retirement program announced by the state of California, the California Secure Choice Retirement Savings Program. While its intentions are good, the details show serious limitations and unnecessary use of taxpayer money.

This story contains 461 words.

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--Gary Alt is co-founder of Monterey Private Wealth in Pleasanton. Send your questions to


Posted by Gary Alt, a resident of Willow West
on Sep 10, 2013 at 2:01 pm

Web Link

Posted by Taxpayer, a resident of Another Pleasanton neighborhood
on Sep 10, 2013 at 4:26 pm

I'm glad there has been a silence on this fraud since it was announced. Bad for every body, bad for every Californian. Let it die a silent death.