Financial

featured graphic for California State Treasurer Fiona Ma

Workers throughout California have saved over $100 million for retirement through the CalSavers Retirement Savings Program. With 400,000 enrollments including more than 170,000 accounts already funded, the early growth is a positive sign for improving retirement security as the program continues to roll out to employers of all sizes. “While …continue reading

featured graphic for California State Treasurer Fiona Ma

California State Treasurer Fiona Ma and Chair, California School Finance Authority (CSFA), announced the successful completion of a $68.31 million College Housing Revenue Bond sale through the CSFA to finance first-ever student housing on the campus of Santa Rosa Junior College (SRJC). The Bonds priced on Thursday, July 15, 2021, …continue reading

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Although state leaders already enacted a 2021-22 state budget, there is still room to advance equitable policies and support Californians. As California faces both better-than-expected revenues and continued devastation from the pandemic, we must recognize that this is proof of inequality and an opportunity to do better. Policymakers must continue …continue reading

featured graphic for California State Treasurer Fiona Ma

State Treasurer Fiona Ma announced the July 8th sale of $1.888 billion of systemwide revenue bonds for the Trustees of the California State University (CSU) to provide funding for various capital improvements and refund previously issued debt. The bond sale consisted of three series: $124.2 million Series 2021A tax-exempt bonds, …continue reading

featured graphic for California State Treasurer Fiona Ma

State Treasurer Fiona Ma reminds employers with more than 50 employees of the upcoming June 30, 2021 registration deadline for the CalSavers Retirement Savings Program, the State’s new program for workers in the private sector that lack access to a workplace retirement plan. The reminder comes as the groundbreaking program …continue reading