Despite court challenge, California pushes forward with retirement program for all workers in state
Workers at architecture firm and general contractor Walker Workshop have planned and built high-end homes from Long Island to the Hollywood Hills. But planning for retirement and building savings is another story.
Like many small business, the 16-employee Los Angeles company doesn't offer a pension or 401(k) plan. Starting in January, though, workers there and at a handful of other companies will be able to start putting money away in state-sponsored retirement accounts.
They'll be early participants in CalSavers, a program that - if it overcomes a federal court challenge - could soon offer basic retirement savings accounts to millions of California workers.
Walker Workshop and about 20 other companies are signing up this week to be
