Updates – retirement

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protected content Alert: D.C. Universal Paid Leave Implementation Roundtable To Be Held By City Council

The D.C. City Council has announced that a public oversight roundtable will be held by the Committee on Labor and Workforce Development… More

protected content ERIC Alert: Multiemployer Legislation Mark-up Scheduled for Wednesday

This Wednesday, the House Ways and Means Committee will mark-up H.R. 397, The Rehabilitation for Multiemployer Pensions Act of 2019… More

protected content ERIC Alert: Oregon Passes PFML Bill With ERIC Recommendations

On the last day of the state legislative session, the Oregon Senate reconvened and passed HB 2005, establishing a state paid family and medical leave insurance program… More

protected content ERIC Testifies on Uncashed Checks and Permissive Transfers to State Unclaimed Property Funds

Yesterday, I testified on behalf of ERIC before The ERISA Advisory Council on the legal and practical concerns surrounding uncashed checks and state escheatment… More

ERIC Testifies About Uncashed Retirement Checks

ERIC today testified before the ERISA Advisory Council on permissive transfers of uncashed checks from ERISA plans to state unclaimed property funds… More

protected content Retirement Congressional, Regulatory, and Litigation Update

Unfortunately, the SECURE Act continues to stall in the Senate due to the refusal of a couple of Senators to allow the bill to move by unanimous consent… More

ERIC Win: MA Delays Paid Family and Medical Leave Program Deadlines

The Massachusetts Legislature has passed and sent SB 2255 to Governor Baker, officially delaying contribution collection and notice requirements for the state’s paid family and medical leave insurance program by three months… More

protected content Alert: Massachusetts Plans To Delay Paid Family and Medical Leave Tax Contributions

Massachusetts intends to delay the tax contributions under the state paid family and medical leave program by three months… More

protected content Alert: General Paid Time Off Bills Passed by Maine and Nevada Legislatures

As states continue to address the issue of paid leave, several new policy approaches have begun to be explored by states other than the typical models of paid sick leave and paid family and medical leave insurance that have been fervently discussed this year… More

ERIC joins other trades in push for electronic delivery

Last week, ERIC joined several other trade associations in urging the Department of Labor (DOL) to issue proposed regulations on electronic delivery as directed by the President’s Executive Order on Strengthening Retirement Security in America… More

ERIC Submits Regulatory Comment Letter on Massachusetts Paid Family and Medical Leave

Last week, ERIC submitted a regulatory comment letter addressing several concerns raised by Massachusetts's updated draft regulations related to implementation of the state’s paid family and medical leave insurance program… More

ERIC Applauds Passage of SECURE Act

ERIC applauds the passage of the SECURE Act and the bipartisan effort to provide greater retirement security. In particular, we appreciate the permanent fix to allow workers to continue accruing benefits in frozen pension plans, the extension of the required minimum distribution rules, and help for student debt repayment… More

ERIC Statement to Ways and Means Committee on Paid Family and Medical Leave

Today, ERIC submitted a statement to the House Ways and Means Committee in consideration of its hearing entitled, “Paid Family and Medical Leave: Helping Workers and Employers Succeed" … More

ERIC Continues Push for Change in Missing Participant Audits

ERIC continues to seek changes in the missing participant audit process by requesting an end to closing letters that contain a fiduciary breach finding… More

ERIC Advocates for Legislation to Improve Retirement Security

ERIC has been actively advocating for improvements to the private retirement system. ERIC submitted a statement to the Senate Finance Committee’s hearing on the Retirement Enhancement Security Act… More

protected content Retirement Legislation Introduced, Senate Finance Committee Hearing, Regular Rate Proposal

ERIC submits letters on new retirement legislation and Senate Finance Committee hearing; DOL extends comment period for regular rate of pay proposal… More

protected content House Ways and Means Committee Paid Family and Medical Leave Hearing; Senate Finance Committee Retir

On Wednesday, May 8, the House Way and Means Committee held a hearing entitled Paid Family and Medical Leave: Helping Workers and Employers Succeed. The hearing was attended by nearly all members of the Committee and lasted for more than four hours… More

protected content D.C City Council Universal Paid Leave Tax Contributions Meeting; Congressional Hearing on PFML

Yesterday, the D.C. City Council held a joint working group meeting to discuss aspects of Final Regulations covering tax contribution collection for the District’s Universal Paid Leave Program… More

protected content PBGC Director Confirmed and IRS Determination Letter Program Partially Re-opened

On April 30, Congress confirmed Gordon Hartogensis as the new director of the PBGC. ERIC sent a letter of support earlier in this process and looks forward to working with him on maintaining PBGC premium levels for single-employer plans and addressing the multiemployer pension crisis… More

protected content AIH – Retirement Updates

This morning the House Education and Labor Committee will hold a hearing, “Examining the Policies and Priorities of the U.S. Department of Labor." The only witness will be Secretary of Labor Alexander Acosta… More

protected content ERIC Submits Comment Letter on Maine Paid Family and Medical Leave Proposals

Three bills related to paid family and medical leave were heard in the Maine Committee on Labor and Housing last Friday, April 19. ERIC submitted a comment letter to the Committee outlining our applicable paid leave principles and addressing issues with the bills as currently drafted… More

ERIC Secures Exemption for Members From IL Secure Choice Retirement Savings Reporting Requirements

ERIC has secured a permanent exemption for ERIC members from the Illinois Secure Choice Retirement Savings Program reporting requirements.… More

protected content Alert: Massachusetts and D.C. Paid Leave Regulatory Updates and Action Opportunities

On Friday, March 29, The Massachusetts Department of Family and Medical Leave released its Updated Draft Regulations relating to the implementation of the state’s Family and Medical Leave Law, MGL c.175M as added by St. 2018, c.121, which was passed in June 2018… More

protected content ERIC Negotiates Memorandum of Understanding with Illinois Secure Choice

We are pleased to announce a Memorandum of Understanding with the Office of the Illinois State Treasurer providing relief to ERIC members from reporting obligations that otherwise apply under the Illinois Secure Choice Retirement Savings Program. … More

ERIC Urges Lawmakers to Modify Lifetime Income Disclosure Provisions

ERIC sent a letter to U.S. Representative Richard Neal (D-MA), Chairman of the House Ways and Means Committee, urging him to modify the Lifetime Income Disclosure Act provision currently contained in the Retirement Enhancement & Savings Act and the newly introduced SECURE Act… More

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019