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California rainbow near Death Valley Now rechristened CalSavers, the plan will cover workers in companies with at least 5 workers. (Photo: AP)

They’ve been at it for more than four years, but suddenly California legislators’ efforts to create a retirement plan for workers in the private sector whose bosses don’t offer them one are picking up steam.

Marlene Satter

Marlene Y. Satter has worked in and written about the financial industry for decades.

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