Panel: Judges Hurwitz, Bress, and Corker (E.D. Tenn.), with Judge Bress writing the opinion. Key Highlight: “CalSavers is not an ERISA plan because it is established and maintained by the State, not employers; it does not require employers to operate their own ERISA plans; and it does not have an impermissible reference to or connection with ERISA. Nor does CalSavers interfere with ERISA’s core purposes. ERISA thus does not preclude California’s endeavor to encourage personal retirement savings by requiring employers who do not offer retirement plans to participate in CalSavers.” Background: The California Legislature created the CalSavers program to encourage greater retirement savings among employees whose employers do not offer retirement plans. Its automatic enrollment requirement applies only to employees over the age of 18 at nongovernmental employers with five or more employees in California. Employers are exempt only if they provide an “employer-sponsored retirement plan” or an “automatic enrollment payroll deduction IRA” that “qualifies for favorable federal income tax treatment.” Covered employers must register with the state, provide contact information for their eligible employees, and set up system for remitting their employees’ contributions to the CalSavers Trust. Howard Jarvis Taxpayers Association and two of its employees filed suit, alleging that the federal Employee Retirement Income Security Act preempts CalSavers. The district court granted California’s motion to dismiss, concluding that ERISA does not preempt CalSavers.