The ERISA Industry CommitteeERIC, as part of the Pension Coalition, which is a group of more than 100 trade associations, professional organizations and companies that collectively provide retirement benefits to millions of workers and retirees, unveiled a new study revealing the significant economic impact and job loss that would accompany the proposed billions of dollars in increases to PBGC premiums. More
Check out ERIC’s latest Focus on Benefits for Executives. This quarterly publication is designed to alert company management about several of the most important recent developments in the benefits arena that warrant their attention. More
ERIC as part of the Coalition to Protect Retirement launched a national campaign to safeguard retirement savings tax incentives. As part of the launch, the Coalition released a survey showing that Americans overwhelmingly oppose changing tax rules for retirement savings accounts. Learn more
ERIC advocates and supports the strengthening of our voluntary system of retirement benefits that has enabled our members to offer benchmark retirement benefits to their active employees, retirees and their families. Visit ERIC's Retirement Policy Page
ERIC is a highly visible, effective advocate of market-based health care reform and ERISA preemption. We believe that improving the quality, cost-effectiveness, and accessibility of our health care system demands adherence to market principles that have made possible the success of major employer plans. Visit ERIC's Health Policy Page
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Attached please find the latest edition of the Benefits Litigation Update, a joint project of ERIC and the law firm of Epstein Becker Green. In this Benefits Litigation Update, we are focusing on … More
ERIC Applauds House and Senate Tax-Writing Committees for Not Including PBGC Premium Increase in Highway Bill
The ERISA Industry Committee (ERIC) applauds the House Ways and Means Committee and the Senate Finance Committee for not including in the highway funding legislation another increase in premiums paid to the Pension Benefit Guaranty Corporation (PBGC) by companies that sponsor pension plans. … More
Kathryn Ricard, ERIC Senior Vice President for Retirement Policy, today made the following statement in reaction to the Pension Benefit Guaranty Corporation’s (PBGC) announcement… More
ERIC President Scott Macey Comments on the U.S. Supreme Court’s Decision in Fifth Third Bancorp v. Dudenhoeffer
ERIC President Scott Macey reacts to today’s ruling by the U.S. Supreme Court in Fifth Third Bancorp v. Dudenhoeffer: “Although we are disappointed that the U.S. Supreme Court rejected the ‘presumption of prudence’, we are pleased that the Court clarified the manner in which fiduciaries can defend themselves from meritless lawsuits.” … More
ERIC Urges Appeals Court to Overturn District Court’s Misapplication of Fiduciary Deference under ERISA Plan
The ERISA Industry Committee (ERIC) on June 18 filed an amicus brief with the U.S. Court of Appeals for the Third Circuit urging the court to overturn an earlier district court ruling that misapplied judicial precedent regarding the deference owed to a plan administrator’s reasonable interpretation of plan terms under the Employee Retirement Income Security Act (ERISA). The case is Cottillion v. United Refining Company.… More
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