Program Consultant Services

2026-11-03

Reporting to the Board through the Executive Director , the Consultant shall perform the following scope of work : a ) Maintain awareness of other similar state - administered retirement savings programs and / or federal programs . b ) Upon request , provide the Board guidance on applicable federal laws or regulations , such as rules from the United States Department of Labor , Internal Revenue Service , and the Securities and Exchange Commission , that relate to state - administered retirement savings plans and IRAs . c ) Upon request by the Board , provide updates on industry developments , including legislative and regulatory changes . d ) Provide analysis as needed of CalSavers vendors , particularly in the areas of recordkeeping , custodial services , and customer service standards . e ) Develop a process to evaluate the Program Administrator ’ s performance and assist the Executive Director in undertaking due diligence to assess compliance with and adherence to agreed - upon performance metrics . f ) Upon request , advise the Board on CalSavers procurement , including without limitation , assisting in reviewing or drafting RFPs for investment , administrative and other related services , analyzing proposals , and any other related services . g ) Be available to discuss any investment or administrative issues with the Board and / or CalSavers program managers on an as needed basis . h ) Attend meetings at the discretion of the Board , as needed , to present research , reports , and analyses and to respond to questions . i ) Present a fiduciary training session approximately once every 18 months to provide the Board with education and information regarding its fiduciary role and responsibilities . j ) Collaborate and communicate with other consultants , record keepers , and program managers retained by the Board , as needed . k ) Be available to consult with Board members and the Executive Director from 8 : 00 a . m . to 5 : 00 p . m . Pacific Time , Monday through Friday . l ) Respond to the need for telephone consultation within a 24 - hour period and be available for meetings with the Board with no greater than 10 days ’ notice .

California

2026-03-27