Qualification / Plan Testing

Updates

ERIC Makes Recommendations on the IRS Determination Letter Program

ERIC submitted comments to the Internal Revenue Service (IRS) on its proposal to eliminate its determination letter program for individually designed plans. The program affirms that an individually designed retirement plan and any changes made to it are qualified for tax purposes… More

protected content IRS Announces Elimination of Determination Letter Program for Individually Designed Plans

Treasury and IRS today released Announcement 2015-19, which formally states that effective January 1, 2017, the IRS will eliminate the staggered 5-year determination letter remedial amendment cycles for individually designed plans… More

protected content ERIC Submits Amicus Brief to U.S. Supreme Court in Tibble v. Edison International

ERIC on January 23 filed an amicus brief with the U.S. Supreme Court in the Tibble v. Edison International case, together with the … More

protected content IRS Announces Changes to Processing of Incomplete Employee Plan Determination Letters

The IRS in Announcement 2015-01 released December 19 described changes to the processing of employee plans determination letters that will take effect in 2015. … More

protected content

IRS Releases 2014 Cumulative List of Changes in Plan Qualification Requirements; Extends Deadline for Pre-Approved DB Plans

The Internal Revenue Service on December 5 released Notice 2014-77 providing the 2014 Cumulative List of Changes in Plan Qualification… More

See All Updates

Amicus Briefs

protected content ERIC Submits Amicus Brief to U.S. Supreme Court in Tibble v. Edison International

ERIC on January 23 filed an amicus brief with the U.S. Supreme Court in the Tibble v. Edison International case, together with the … More

More Amicus Briefs

Legislative Documents

protected content Senators Cardin and Portman Introduce Frozen Plans/Nondiscrimination Testing Relief Legislation

Senate Finance Committee Members Ben Cardin (D-MD) and Rob Portman (R-OH) once again have teamed up on retirement security issues by introducing legislation to provide relief from ongoing nondiscrimination testing for frozen defined benefit plans, subject to certain conditions. … More

protected content Representative Tiberi Introduces Frozen Plans/Nondiscrimination Testing Relief Legislation

On July 31, 2014, Representative Pat Tiberi (R-OH), introduced H.R. 5381, which would provide relief from ongoing nondiscrimination testing for frozen defined benefit plans, subject to certain conditions. … More

protected content Senators Urge Treasury to Address Frozen DB Plans and Nondiscrimination Testing

ERIC is pleased to share a copy of a bipartisan letter from Senate Finance Committee Members Ben Cardin (D-MD) and Rob Portman (R-OH) to Treasury Secretary Jacob Lew urging action on frozen defined benefit plans and nondiscrimination testing.… More

protected content Senator Hatch Legislation Includes Significant Pension Reforms

Senate Finance Committee Ranking Member Orrin Hatch (R-UT) on July 9 introduced legislation that would make extensive reforms to both private and public retirement plan rules. … More

More Legislative Documents

Letters to Agencies

ERIC Makes Recommendations on the IRS Determination Letter Program

ERIC submitted comments to the Internal Revenue Service (IRS) on its proposal to eliminate its determination letter program for individually designed plans. The program affirms that an individually designed retirement plan and any changes made to it are qualified for tax purposes… More

ERIC Urges Treasury to Expand Options and Provide Permanent Nondiscrimination Relief for Closed Defined Benefit Plans

The ERISA Industry Committee (ERIC) today submitted comments to the Department of Treasury and Internal Revenue Service (IRS) urging the Agencies to provide permanent relief and additional options for frozen defined benefit plans to satisfy the nondiscrimination testing requirements under the Internal Revenue Code.… More

ERIC and Other Trade Groups Write to Treasury on Retroactive Effect Issues in Windsor Decision

ERIC has joined with 13 other business trade associations in a letter asking the Treasury Department to use its authority under Internal Revenue Code section 7805(b)(8) to limit the extent of the decision’s retroactivity.… More

protected content Senators Urge Treasury to Address Frozen DB Plans and Nondiscrimination Testing

ERIC is pleased to share a copy of a bipartisan letter from Senate Finance Committee Members Ben Cardin (D-MD) and Rob Portman (R-OH) to Treasury Secretary Jacob Lew urging action on frozen defined benefit plans and nondiscrimination testing.… More

More Letters to Agencies

Letters to Congress

ERIC Joins Letter to House and Senate in Support of Frozen Plan and Nondiscrimination Testing Legislation

ERIC is advocating for the passage of legislation that would amend the nondiscrimination provisions of the Internal Revenue Code applicable to frozen defined benefit plans. … More

More Letters to Congress

Press Releases

ERIC Makes Recommendations on the IRS Determination Letter Program

ERIC submitted comments to the Internal Revenue Service (IRS) on its proposal to eliminate its determination letter program for individually designed plans. The program affirms that an individually designed retirement plan and any changes made to it are qualified for tax purposes… More

ERIC Urges Treasury to Expand Options and Provide Permanent Nondiscrimination Relief for Closed Defined Benefit Plans

The ERISA Industry Committee (ERIC) today submitted comments to the Department of Treasury and Internal Revenue Service (IRS) urging the Agencies to provide permanent relief and additional options for frozen defined benefit plans to satisfy the nondiscrimination testing requirements under the Internal Revenue Code.… More

More Press Releases