Small Business Majority Foundation
|Grantee Name||Small Business Majority|
|Address||921 11th Street|
Sacramento CA, 95814
California’s Secure Choice Retirement Savings Trust Act requires businesses with five or more employees to offer retirement plans or to deposit a portion of employee compensation into the California Secure Choice Retirement Trust for employees’ retirement use. This requirement especially benefits low-income employees of small businesses, freelancers, and those patching together incomes through the gig economy. Research from Small Business Majority, a national advocacy organization, helped prove sufficient support existed to pass this act. It will continue to work to facilitate the act’s successful implementation.
|Project Dates||03/28/17 - 03/27/18|