Join   |   Renew   |   Volunteer   |   Print Page   |   Contact Us   |   Sign In
News & Press: CalAdvisor Newsletter

Secure Choice Retirement Program

Thursday, May 19, 2016   (0 Comments)
Posted by: Richard Nilmeier, CLU, RHU
Share |

We have one very large item staring us in the face in the form of SB1234, otherwise known as the Secure Choice Retirement Program. In a nutshell, this would require every employer who does not have a covered retirement program to enroll their employees in PERS. While they are still trying to work out some major areas, California has gotten an exemption from the Department of Labor from ERISA. In other words, California would not be a fiduciary in this program, and have no liability for the management of funds. Shari McHugh is on top of this issue, and working hard to protect our members’ interest.

However, we may need to have your efforts in meeting with legislators at some point in the near future, and to do this, we need the help of every member. If you know a legislator, please go onto the website. Click on the Advocacy tab, and complete the form Report a Relationship with a Legislator. This is where our real strength is. If you attended a meeting in Sacramento, please do so also. We need a strong voice in Sacramento this year, and we are a lot louder if we all shout with one voice.





Regional PIC/PAC Coordinators

Region 1

Central Valley


Northern California

Marc A. Bregman, LUTCF

(209) 367-0930

NAIFA-Central Valley


Bregman Financial & Ins Svc

11701 E Kettleman Ln

Lodi, CA 95240-9707

Region 2


Kern County


Ms. Sandra E. Henderson, RHU, CSA




Plan Financial

10573 N. Inverary Ln.

Fresno, CA 93730

Region 3


Mt. Diablo

North Bay

Peter Fulchiron, CLU, CAP, LUTCF

(415) 877-4300



Peter Fulchiron

411 San Andreas Drive

Novato, CA 94945-1237

Region 4

Monterey Bay

San Francisco-Peninsula

Silicon Valley

Mr. Peter C. Kuo

(408) 738-8803

NAIFA-Silicon Valley


Farmers Insurance Group

883 E River Parkway

Santa Clara, CA 95054-4145

Region 5

Antelope Valley

Central Coast

San Fernando Valley

Santa Barbara

Jaime S. Flores

(805) 310-5040

NAIFA-Santa Barbara


Farmers Insurance Group



Region 6

Desert Valley

Greater Foothills

Los Angeles

Inland Empire

Janise Graham

(951) 817-7526, x258


387 Magnolia, #103

Corona, CA 92879

Region 7

North Orange County

San Diego

Orange County


Ms. Linda S. Harris

(858) 695-1162

NAIFA-San Diego

Mr. Terry M. Kaltenbach, CLU, ChFC,CAP

(949) 351-2820

NAIFA-San Diego


Harris Ins & Financial Services

PO Box 261669

San Diego, CA 92196-1669


Asendant Fiduciary Consulting

1358 Ahlrich Ave

Encintas, CA 92024-4029

Membership Software Powered by YourMembership  ::  Legal