Cal. Code Regs. Tit. 10, § 10005 - Default Program Options and Alternative Elections for Contributions, Automatic Escalation, and Investment Options for Participants
A
The applicable Target Date Fund shall be determined as described in the following table:
Date of Birth | Target Retirement Years | CalSavers Fund Name | |
12/31/1947 or Earlier | 2012 or earlier | CalSavers Target Retirement Fund | |
1/1/1948 - 12/31/1952 | 2013 - 2017 | CalSavers Target Retirement 2015 Fund | |
1/1/1953 - 12/31/1957 | 2018 - 2022 | CalSavers Target Retirement 2020 Fund | |
1/1/1958 - 12/31/1962 | 2023 - 2027 | CalSavers Target Retirement 2025 Fund | |
1/1/1963 - 12/31/1967 | 2028 - 2032 | CalSavers Target Retirement 2030 Fund | |
1/1/1968 - 12/31/1972 | 2033 - 2037 | CalSavers Target Retirement 2035 Fund | |
1/1/1973 - 12/31/1977 | 2038 - 2042 | CalSavers Target Retirement 2040 Fund | |
1/1/1978 - 12/31/1982 | 2043 - 2047 | CalSavers Target Retirement 2045 Fund | |
1/1/1983 - 12/31/1987 | 2048 - 2052 | CalSavers Target Retirement 2050 Fund | |
1/1/1988 - 12/31/1992 | 2053 - 2057 | CalSavers Target Retirement 2055 Fund | |
1/1/1993 - 12/31/1997 | 2058 - 2062 | CalSavers Target Retirement 2060 Fund | |
1/1/1998 - 12/31/2002 | 2063 - 2067 | CalSavers Target Retirement 2065 Fund | |
1/1/2003 - 12/31/2007 | 2068 - 2072 | CalSavers Target Retirement 2070 Fund | |
1/1/2008 or later | 2073 - or later | [Funds to be added later - not a valid |
Notes
2. New section refiled 5-6-2019 as an emergency; operative 5-21-2019 (Register 2019, No. 19). A Certificate of Compliance must be transmitted to OAL by 8-19-2019 or emergency language will be repealed by operation of law on the following
3. New section refiled 8-12-2019 as an emergency; operative 8-20-2019 (Register 2019, No. 33). A Certificate of Compliance must be transmitted to OAL by 11-18-2019 or emergency language will be repealed by operation of law on the following
4. Certificate of Compliance as to 8-12-2019 order, including amendment of section and NOTE, transmitted to OAL 9-23-2019 and filed 10-31-2019; amendments operative 10-31-2019 pursuant to Government Code section 11343.4(b)(3) (Register 2019, No. 44).
5. Amendment of subsections (a)(2)(B), (a)(4) and (c)(4) filed 8-31-2020 as an emergency; operative 8-31-2020 (Register 2020, No. 36). A Certificate of Compliance must be transmitted to OAL by 3-1-2021 or emergency language will be repealed by operation of law on the following
6. Emergency filed 8-31-2020 extended 60 days pursuant to Executive Order N-40-20 and an additional 60 days pursuant to Executive Order N-71-20 (Register 2020, No. 39). A Certificate of Compliance must be transmitted to OAL by 6-29-2021 or emergency language will be repealed by operation of law on the following
7. Amendment of subsection (a)(4), new subsections (a)(4)(A)-(C), amendment of subsection (b)(3), new subsections (b)(4)-(b)(4)(B) and subsection renumbering filed 1-25-2021 as an emergency; operative 1-25-2021. Pursuant to Health and Safety Code section 1363.04(f), this action is a deemed emergency and exempt from OAL review. Expiration date of emergency action extended 60 days (Executive Order N-40-20) plus an additional 60 days (Executive Order N-71-20) (Register 2021, No. 5). A Certificate of Compliance must be transmitted to OAL by 11-23-2021 or emergency language will be repealed by operation of law on the following
8. Amendment of subsections (a)(2)(B), (a)(4) and (c)(4) refiled 6-28-2021 as an emergency; operative 6-30-2021. Emergency expiration extended 60 days (Executive Order N-40-20) plus an additional 60 days (Executive Order N-71-20) (Register 2021, No. 27). A Certificate of Compliance must be transmitted to OAL by 1-28-2022 or emergency language will be repealed by operation of law on the following
9. Amendment of subsection (a)(4), new subsections (a)(4)(A)-(C), amendment of subsection (b)(3), new subsections (b)(4)-(b)(4)(B) and subsection renumbering refiled 11-17-2021 as an emergency; operative 11-24-2021. Pursuant to Health and Safety Code section 1363.04(f), this action is a deemed emergency and exempt from OAL review (Register 2021, No. 47). A Certificate of Compliance must be transmitted to OAL by 2-22-2022 or emergency language will be repealed by operation of law on the following
10. Certificate of Compliance as to 11-17-2021 order transmitted to OAL 12-2-2021 and filed 1-13-2022 (Register 2022, No. 2).
11. Amendment of subsection (a)(4), repealer of subsections (a)(4)(A)-(C), amendment of subsection (b)(4) and repealer of subsections (b)(4)(A)-(B) filed 12-21-2022 as an emergency; operative 1-1-2023 (Register 2022, No. 51). A Certificate of Compliance must be transmitted to OAL by 6-30-2023 or emergency language will be repealed by operation of law on the following
12. Amendment of subsection (a)(4), repealer of subsections (a)(4)(A)-(C), amendment of subsection (b)(4) and repealer of subsections (b)(4)(A)-(B) refiled 6-19-2023 as an emergency; operative 6-30-2023 pursuant to Government Code section 11346.1(d) (Register 2023, No. 25). A Certificate of Compliance must be transmitted to OAL by 9-28-2023 or emergency language will be repealed by operation of law on the following
13. Certificate of Compliance as to 6-19-2023 order transmitted to OAL 6-23-2023 and filed 8-7-2023 (Register 2023, No. 32).
Note: Authority cited: Sections 100010 and 100048, Government Code. Reference: Sections 100002, 100004, 100008, 100012, 100032 and 100043, Government Code.
2. New section refiled 5-6-2019 as an emergency; operative
3. New section refiled 8-12-2019 as an emergency; operative
4. Certificate of Compliance as to 8-12-2019 order, including amendment of section and Note, transmitted to OAL 9-23-2019 and filed 10-31-2019; amendments operative
5. Amendment of subsections (a)(2)(B), (a)(4) and (c)(4) filed 8-31-2020 as an emergency; operative
6. Emergency filed 8-31-2020 extended 60 days pursuant to Executive Order N-40-20 and an additional 60 days pursuant to Executive Order N-66-20 (Register 2020, No. 39). A Certificate of Compliance must be transmitted to OAL by 6-29-2021 or emergency language will be repealed by operation of law on the following
7. Amendment of subsection (a)(4), new subsections (a)(4)(A)-(C), amendment of subsection (b)(3), new subsections (b)(4)-(b)(4)(B) and subsection renumbering filed 1-25-2021 as an emergency; operative
8. Amendment of subsections (a)(2)(B), (a)(4) and (c)(4) refiled 6-28-2021 as an emergency; operative
9. Amendment of subsection (a)(4), new subsections (a)(4)(A)-(C), amendment of subsection (b)(3), new subsections (b)(4)-(b)(4)(B) and subsection renumbering refiled 11-17-2021 as an emergency; operative
10. Certificate of Compliance as to 11-17-2021 order transmitted to OAL 12-2-2021 and filed
11. Amendment of subsection (a)(4), repealer of subsections (a)(4)(A)-(C), amendment of subsection (b)(4) and repealer of subsections (b)(4)(A)-(B) filed 12-21-2022 as an emergency; operative
12. Amendment of subsection (a)(4), repealer of subsections (a)(4)(A)-(C), amendment of subsection (b)(4) and repealer of subsections (b)(4)(A)-(B) refiled 6-19-2023 as an emergency; operative
13. Certificate of Compliance as to 6-19-2023 order transmitted to OAL 6-23-2023 and filed
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