The Advantage of Membership in ERIC

A Greater Focus on Your Priorities

Because ERIC represents only large plan sponsors, ERIC members benefit by focusing solely on the interests that matter to them. That means a greater return on their time and investment. Members use ERIC as their outside resource to understand the potential implication of laws and regulations on their benefit plans. It also means that ERIC is a true peer community. All individuals at ERIC member organizations work for large employers.

Protecting Large Employer Benefits
Analysis --> Collaboration --> Advocacy

Analysis

Each year, Congress introduces 5,000+ bills for consideration. Simultaneously, state and local lawmakers introduce new policies that may conflict with federal or other state rules. This constant whirlwind of legislative activity makes compliance unrealistic, if not impossible. As a result, millions of beneficiaries can be adversely affected.

ERIC tracks, analyzes, and distills these bills down to their core, presenting its membership with succinct calls to action, fighting for uniformity in state and local rules across the country, and flexibility to design benefits that suit the needs of a unique workforce. 

ERIC's Expert Insight and Timely Updates (each year)

  • 200+ breaking alerts and analysis on the hottest policy issues
  • 11 options for e-newsletters to learn issues and stay current 
  • 100s of updates, charts, analyses, maps, and other resources in the members-only section of ERIC.org
  • 100s of active rules and bills at the state and local level in the State Mandate Action Program™ online portal, updated in real time, and available at the convenience of each member.

Collaboration

ERIC's membership is a "closed group". We protect the privacy of our member list and act as the megaphone for large employer plan sponsors. As a result, large employers are able to discuss policy issues in-depth among peers, while ERIC speaks to lawmakers and the media with one unified voice. 

ERIC's Trusted Community and Tailored Support (each year)

  • 40+ virtual and in-person meetings for members to discuss national trends, innovative strategies, and policy challenges and opportunities.
  • 12 "State of the States" webinar briefings on state and local policies that impact companies with workers in many states.
  • At least two members-only policy conferences in Washington, D.C. with invited government officials and experts.
  • Formal and informal surveys with aggregate and specific data on member priorities and strategies, anonymized appropriately.
  • Special briefings by ERIC staff to members by request, with shared wisdom from member companies.
  • Partnerships with outside industry groups, such as the DRIVE Health Initiative.

Advocacy

New rules are often introduced without first determining the impact on those forced to comply. Added reporting, recordkeeping, notice requirements, and other costs can hinder an employer’s ability to provide health, retirement, and compensation benefits to employees. In addition, the media and others often portray only a limited scope of these proposals or fail to appreciate the role of the employer and the impact on them. ERIC advocates for its members to help shape final outcomes, while driving public perception of issues.

ERIC's Health and Retirement Influence on the Federal, State, and Local Levels (each year)

  • 25 policy categories under the ERIC legislative agenda.
  • 100s of direct engagements with policymakers through Capitol Hill visits, briefings, testimony, and events.
  • 100s of comments and citations in the media on the implications of proposed legislation on America's workforce.
  • 30+ presentations and speeches by ERIC staff representing large employer perspective to a variety of audiences.
  • 100s of comments and citations in the media on the implications of proposed legislation on America's workforce.
  • Regular opportunities for members to contribute to comment letters, Amicus briefs, and other weigh-ins on active legislation and regulations.

To learn more about how ERIC differs from other associations, click here.