ERIC’s policy agenda is focused on improving employee wellbeing and financial security; increasing flexibility and opportunity; reducing costs and administrative burdens; and helping large employers continue to deliver uniform benefits. ERIC advocates for measures that ensure continued tax preferences for employer-sponsored benefits and exclusive federal regulation of nationwide benefits plans through ERISA preemption.
Protecting ERISA and Working to Ensure National Uniformity
Large employers operating in multiple states need the consistency and certainty provided by ERISA to ensure that they can offer uniform, national benefits to their employees, families, and retirees. ERISA protects employers from state mandates by keeping regulation at the federal level so that benefits plans can be administered fairly and uniformly across the country. And ERISA provides employer plan sponsors with the flexibility and autonomy to create the right benefits plans for their workforce.
ERIC lobbies to preserve and reinforce ERISA preemption and defend plan sponsors’ ability to design benefits that drive value. And we oppose any state attempt to mandate reporting or other obligations on companies that offer federally regulated plans.
