Effective Date of Coverage —
Savings Plus Program
All plan participants must complete and sign a State of California Savings Plus Program Enrollment Agreement Form prior to starting payroll deductions toward an SPP account. An account will be established by the 25th of the month for enrollment forms processed on or before the 15th of the month.
Once the account is established, plan participants can initiate payroll deductions via SPP's Voice Response Unit or Website. Transactions made as late as 1 p.m. on the last business day of the month will be processed with the next pay period. For example, payroll deductions initiated on August 30, will be processed during the September pay period, and the contribution will be deducted from the October pay warrant.
