We are a voluntary, valuable retirement program, offered by the California Department of Human Resources (CalHR), allowing you to supplement your retirement benefits through pre-tax and Roth payroll contributions.
Savings Plus is complementary to your CalPERS pension, and we offer a 401(k) and 457(b) that help bridge any gap in what you will need in retirement, and the amount that your pension, savings, and Social Security will replace.
To enthusiastically serve our fellow California State employees and their families by empowering them to achieve and maintain a brighter financial future.
Savings Plus offers you
Personal assistance with licensed and non-commissioned retirement specialists
Ease of savings with Pre-tax or Roth options
Lower fees and investment operating expenses
Diverse investment options from which to build your portfolio
Take the next step, or learn more with these resources
You are eligible to enroll in a Savings Plus 401(k) and 457(b) Plan if you:
Are currently employed by the State of California or the California State University (CSU) system, and you are eligible for membership in CalPERS, the Legislators’ Retirement System, or the Judges’ Retirement System
Separate from California State and CSU system employment and return to service as a "rehired annuitant" (The term "rehired annuitant", used in the CSU system, is also known as "retired annuitant" among state employees)
Are an active participant in the Part-time, Seasonal, and Temporary (PST) Employee Retirement Program