9th Circuit Denies En Banc Rehearing On CalSavers Preemption

Mealey's (June 16, 2021, 10:48 AM EDT) -- SAN FRANCISCO — The Ninth Circuit U.S. Court of Appeals on June 15 denied a taxpayer lobbying group’s petition for rehearing en banc that asserted that the appellate court’s panel erred in ruling that the state-run IRA program California Secure Choice Retirement Savings Program (CalSavers) is not preempted by the Employee Retirement Income Security Act for reasons including that it relied on health plan cases and thus failed to evaluate CalSavers in proper context as a pension plan....