Oh boy...another employer mandate Cal Savers

[OCMerrill]

So I registered this bullshit today. I am growing to really like the term "Mandate" and I'm thinking of ways I can use it to force others to do shit they don't want to do.

My first recommendation to any employee is to OPT OUT quickly and send in the form ahead of time. https://cdn.unite529.com/jcdn/files/CAEE/pdfs/en_US/optout.pdf.
You can also do it on line. I printed a bunch of forms and will leave them at the office. My guys are not going to use a computer to log into this BS.

Enrollment is 100% automatic and you have no choice @ 5% of gross pay. That's right, off it goes unless you opt out...your automatically in.

I was tempted to make my user name Employer_Abuse, pissoff_CA, or maybe Employeehunted but you shouldn't poke the CA Mafia in the eye or you could be targeted for God knows what.

 

[RiverDave]

Huh?

 

[73beast]

CalSavers is California's new retirement savings program that will offer millions of workers in California the opportunity to get on track for the future.

 

[Done-it-again]

Huh?

CA is mandating a retirement account for all workers...

 

[monkeyswrench]

So, who actually manages the money for those enrolled?
This is now mandatory for all employers in Ca?

 

[RitcheyRch]

Just another program that our wonderful politicians can pillage from

 

[Done-it-again]

So, who actually manages the money for those enrolled?
This is now mandatory for all employers in Ca?

I believe Calsavers unless your company as their own... But as an employer you are "mandated" to have something in place this year.....

 

[RIVERDAZE]

Granted it's a CA mandate! It is only mandated to companies that don't already offer a retirement plan. It's been around for 2 years but June starts for all business 25 employees and under. It also does not cost the company or require a fiduciary like 401K's etc. We just shut down our 401K program in December and thought we were going to have to implement it. The last 2 years killed us we're shutting the company down after 50 years.

 

[Inland Air Balance]

I havent seen this come across my desk yet, But...I could only imagine you put in 5% then somewhere down the line someone that manages it is going to need to "Manage the account" (read get paid $$) and you'll end up with less then the 5% you put in. Dont we have Social Security (SSI) that was supposed to so that? And the have pillaged that to no end now. You'll be lucky to get 1% of your lifes earnings you've contributed to that "fund".

 

[monkeyswrench]

I havent seen this come across my desk yet, But...I could only imagine you put in 5% then somewhere down the line someone that manages it is going to need to "Manage the account" (read get paid $$) and you'll end up with less then the 5% you put in. Dont we have Social Security (SSI) that was supposed to so that? And the have pillaged that to no end now. You'll be lucky to get 1% of your lifes earnings you've contributed to that "fund".

Social Security you need the card for. I think this helps out those hard working border brothers

 

[Done-it-again]

Social Security you need the card for. I think this helps out those hard working border brothers

The issue is with the ones you speak about are more pay check to pay check. You think they are going to put $$$ away in this program?....

 

[monkeyswrench]

The issue is with the ones you speak about are more pay check to pay check. You think they are going to put $$$ away in this program?....

With it being automatic, and having to opt out, I'm sure they will get some on the hook afraid to ask questions.

 

[grumpy88]

Social Security you need the card for. I think this helps out those hard working border brothers

Since they use a stolen ss number will i get the money or will they get to steal my social security too ?

 

[Orange Juice]

How does that works when the person is getting their wages garnished from a court ordered judgement? Is there a new formula?

 

[DLC]

It’s a government program!
Really ! what could possibly go wrong…..


lol

 

[LuauLounge]

After paying employment taxes, property taxes, sales tax, vehicle taxes, gas taxes, utility taxes, cap gains taxes, entertainment taxes, who has 5% left?

 

[4Waters]

So I registered this bullshit today. I am growing to really like the term "Mandate" and I'm thinking of ways I can use it to force others to do shit they don't want to do.

My first recommendation to any employee is to OPT OUT quickly and send in the form ahead of time. https://cdn.unite529.com/jcdn/files/CAEE/pdfs/en_US/optout.pdf.
You can also do it on line. I printed a bunch of forms and will leave them at the office. My guys are not going to use a computer to log into this BS.

Enrollment is 100% automatic and you have no choice @ 5% of gross pay. That's right, off it goes unless you opt out...your automatically in.

I was tempted to make my user name Employer_Abuse, pissoff_CA, or maybe Employeehunted but you shouldn't poke the CA Mafia in the eye or you could be targeted for God knows what.

Poke them in the eye, they are poking you in the ass

 

[Flying_Lavey]

Poke them in the eye, they are poking you in the ass

really shitty game of "just the tip"

 

[ONE-A-DAY]

If this has been around a couple years, I posted an FYI post about it back then.

 

[Danger Dave]

"Delete this thread before Danger Dave sees it and uses it against us." - Bingerfang

 

[OCMerrill]

Here's the deal, as a general contractor most the personalities hired are check to check, week to week because thats the lifestyle they lead.

What I don't like is it will now hit them by me taking the funds from their check and sending it in. So the monkey is on my back and I am super tired of it.

If I don't comply what happens besides fines? I have between 8-10 employees at any given time and they are just going to be mad at me for making their check smaller. I'm the 1st line of the bad attitude unfortunately. I'll do my best to explain but again its the trickery behind the mandate I don't like. Automatically opted in....

 

[RiverDave]

Can we post these things in the P&G? I know it’s not friendly in the dungeon but that’s where it goes

 

[arch stanton]

I never go to P&G I'm glad it was posted hear

 

[RiverDave]

I never go to P&G I'm glad it was posted hear

Just been going through a lot of effort to change the “tone” of this place and adding boating content..

Trying to tone down the negativity and f California shit

 

[DMF]

Just been going through a lot of effort to change the “tone” of this place and adding boating content..

Trying to tone down the negativity and f California shit

Thank you!

 

[Icky]

Just been going through a lot of effort to change the “tone” of this place and adding boating content..

Trying to tone down the negativity and f California shit

What section do the call out threads go in

 

[wzuber]

So, who actually manages the money for those enrolled?
This is now mandatory for all employers in Ca?

Why who else but..... newsolini the magnificunt himself......
Could anyone else be so entrusted?

 

[wzuber]

Just been going through a lot of effort to change the “tone” of this place and adding boating content..

Trying to tone down the negativity and f California shit

Lol.....you gots a lot of work ahead of U.....hahaha