The President and CEO of United Ways of California, Peter Manzo, joins California State Treasurer, Fiona Ma, former State Senator and Senate President Pre Tempore, Kevin de Leon, representatives from the California Secure Choice Retirement Savings Investment Board, as well as business, nonprofit, organized labor, and consumer advocacy champions today in the Traffic Circle in front of the State Treasurer’s Office to officially launch the CalSavers Retirement Savings Program—a new state facilitated, privately invested, workplace retirement savings program designed to offer California workers a simple, portable, and low cost way to save for the future.
“United Ways of California is excited to partner with the CalSavers Retirement Program to help Californians become more financially secure,” said United Ways of California President and CEO, Pete Manzo. “In California, 7.5 million people don't have access to a workplace retirement plan. As a result, too few California workers save for retirement and retire into financial hardship—the majority of whom are women and people of color. CalSavers will help improve this crisis by providing a simple, portable, low-cost way for workers to save and invest in their futures to truly move them toward financial stability.”