CalSavers Expanding Opportunity for
Retirement Security Amid Pandemic Uncertainty
Throughout the COVID-19 pandemic, Controller Yee has remained focused on the economic uncertainty faced by Californians: How do we build a better and more just economy? What can government do to make a difference for individuals?
The CalSavers Retirement Savings Program (CalSavers), of which Controller Yee is a board member, can potentially be a significant aspect for workers as attention is focused nationally and in California on rebuilding the economy. This program, launched statewide in 2019, seeks to make it easy for millions of California workers to save for retirement through payroll deductions. Despite the challenges of 2020, nearly 250,000 people enrolled. CalSavers gives Californians access to a voluntary, low-cost, portable retirement savings program with professionally managed investments. Continue reading…
Critical Focus Needed on Watershed Recovery
in Wake of Climate-fueled Wildfires
Climate change remains an existential threat affecting every Californian – from rapid sea-level rise threatening coastal and other regions, to raging wildfires that have decimated entire communities, to an overreliance on plastics compromising the health of our oceans. Climate and its affects are challenging society and the body politic.
In the last century, a great deal of angst surrounded the issue of infrastructure development: Could we afford it? Could we afford not to make the investment? This century’s climate challenge is equally complex and raises similar questions. Continue reading…
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