The CalWORKs Savings Act

This measure repeals the asset limit on CalWORKs applicants and recipients to encourage low-income families to build the savings they need to permanently exit CalWORKs.  The eligibility rules currently penalize low-income families for saving with a reduction or loss of benefits thereby discouraging families from building the personal safety net they so desperately need to climb out of poverty and become self-sufficient.

 

See below for more information.