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Ninth Circuit eases path to citizenship for some children of naturalized U.S. citizens


Ninth Circuit eases path to citizenship for some children of naturalized U.S. citizens
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The Ninth Circuit Court of Appeals said U.S. residents who were under 18 when a 1952 law was in effect were eligible for citizenship through their parents, protecting them from deportation.Gabrielle Lurie/The Chronicle
With key votes from two appointees of former President Donald Trump, a federal appeals court eased the path to citizenship Thursday for some children of naturalized U.S. citizens, protecting the youths from deportation if they are later convicted of crimes.
The case before the Ninth U.S. Circuit Court of Appeals in San Francisco involved the meaning of a former law that set conditions for immigrant children residing legally in the United States to become citizens after their parents obtain citizenship. ....

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CalSavers Survives Legal Challenge | Chief Investment Officer


CalSavers Survives Legal Challenge
Appellate court rules ERISA doesn’t pre-empt the California law that created the state-managed IRA program.
A US appellate court has upheld a district court’s ruling to dismiss a lawsuit challenging the legality of the CalSavers Retirement Savings Program, a state-managed individual retirement account (IRA) program for private sector workers whose employers do not provide a tax-qualified retirement savings plan.
In 2017, the California Legislature enacted the CalSavers Retirement Savings Trust Act which implemented the CalSavers program to help improve retirement savings. CalSavers’ automatic enrollment requirement applies only to an “eligible employee” of an “eligible employer.” Eligible employees are defined as California employees who are at least 18 years old and employed by an eligible employer. An eligible employer is defined as a nongovernmental employer in the state with five or more employees. ....

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CalSavers state pension plan survives challenge by Jarvis taxpayers group


CalSavers state pension plan survives challenge by Jarvis taxpayers group
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State Treasurer Fiona Ma, chairwoman of the CalSavers Retirement Savings Board, said the ruling preserves “a simple solution to level the playing field for workers who for too long haven’t had access to workplace based retirement plans.”Paul Chinn/The Chronicle
CalSavers, the employee-funded, state-managed retirement system for millions of Californians whose employers have no retirement plan, is a valid program that does not conflict with federal pension laws, a U.S. appeals court ruled Thursday, rejecting a conservative group’s challenge.
The program was established by state law in 2017 and is being phased in through June 2022, when all private employers with five employees or more will have to register their workers’ names with the state. Employees can opt out of the program, but those who participate have a percentage of their pay automatically transferred to ....

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Ninth Circuit Rejects Bid by Anti-Tax Group to Block CalSavers Retirement Program


(CN) The Ninth Circuit on Thursday rejected a bid by an anti-tax group to block CalSavers, California’s state-sponsored retirement plan for private workers.
The Howard Jarvis Taxpayers Association (HJTA), an influential anti-tax group with roots in the Golden State, sued the CalSavers program claiming it was preempted by the federal Employee Retirement Income Security Act (ERISA).
CalSavers allows eligible employers that do not offer 401(k) plans or pensions to automatically enroll their employees in the program. Workers can opt out, but if they choose to stay the state of California invests their contributions.
Critics believe the program adds unnecessary requirements for small employers trying to comply with California’s complicated business laws. To that end, Howard Jarvis sued in the Eastern District of California as an employer, and also claimed CalSavers was a waste of money that discouraged people from saving money on their own. ....

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