Dear Honorable Members of the Menlo Park City Council,
We’re reaching out to ensure you’re aware of California’s CalSavers
Retirement Savings Program requirement—and to highlight how the Commission
on the Status of Women (CSW), County of San Mateo, is here to support you
through this important transition. California law now requires all
employers with at least one employee who do not already offer a qualified
retirement plan to register for CalSavers by December 31, 2025. This
mandate is part of the state’s effort to expand access to retirement
savings, especially for employees of small businesses, and to help close
the wealth gap that disproportionately affects women and communities of colo
r
.
What You Need to Know:
By December 31, 2025, all California employers with at least one
employee—who do not offer a workplace retirement plan—must register for
CalSavers or set up a qualified plan. If you already have one, you can
request an exemption.
Why CalSavers?
CalSavers is a state-sponsored, no-cost retirement savings program for
employees.
✅ No employer cost or contributions
✅ Simple registration and administration
✅ Employees can opt in or out anytime
✅ Helps small businesses attract and retain talent
Why CSW Supports This
Our Fund the Future report
highlights that women, especially women of color, face steep barriers to
building wealth. CalSavers is one tool that can change that—helping
families save and build financial security.
Take Action:
✔ Please advertise this information in your newsletter
✔ Visit CalSavers.com to register or request
an exemption
✔ Visit: Employer Onboarding Toolkit
,
Employer Webinar English
/Spanish
.
Saver Webinar: English
/ Spanish
✔ Register and start facilitating by November 30 for a chance to win
$500. *1,000
randomly selected winners for the July 31 drawing and 1,000 randomly
selected winners for the November 30 drawing. Visit link
for official rules.
✔ Final registration deadline: December 31, 2025
Together, let’s create a more secure and equitable future in San Mateo
County.
In community,
*Dayna Chung *
Menlo Park Resident & Member of the Commission on the Status of Women,
County of San Mateo
This message is part of the CSW’s ongoing work to promote financial
resiliency and support small businesses as outlined in our Fund the Future
initiative. For questions
or additional resources, please contact Tanya Beat at tbeat@smcgov.org
--
*Dayna Chung** (Pronouns: she/her/hers)*
*Community Equity Collaborative *
*Co-Founder & Executive Director *
*www.communityequitycollaborative.org
*
*What are pronouns and why are they in my email signature? More information
.
