Savings Plus is a voluntary retirement program allowing you to supplement your retirement benefits through tax-deferred and Roth payroll contributions. We offer a 401(k) Plan and a 457(b) Plan. 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

 



Our mission, vision, and purpose

  • Mission: To enthusiastically serve our fellow California State employees and their families by empowering them to achieve and maintain a brighter financial future
  • Vision: To help the State of California employees achieve and live their desired lifestyle in retirement
  • Purpose: Empower California State employees to live their desired lifestyle in retirement by providing simple savings solutions

 


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