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Inflation and cost of living hit State of California residents hard in 2022. California Savings Plus noticed a significant influx of participants decreasing or stopping contributions to their plans. To help participants get back on track to meet their retirement goals, we took a multifaceted approach, including timely education and actionable guidance and resources, targeted messaging based on life stage and financial situation, and virtual and in-person outreach. These efforts resulted in improved participant retirement readiness and deepened participant trust in Savings Plus as a source of support and reliable information.
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- July 25, 2024 Create Date
- September 25, 2024 Last Updated
