ERIC joined more than 20 other organizations in calling for immediate Congressional action to provide relief to employers that offer retirement plans, plan participants, and retirees in response to the current crisis created by the outbreak of COVID-19.
Category Archives: Retirement & Compensation
Federal and State Emergency Paid Leave Legislation – COVID-19
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ERIC Urges Congress to Protect ERISA, Allow for Flexibility
ERIC sent letters to the Committees of jurisdiction over ERISA. The letter urges Congress to enact provisions that will provide benefit flexibility to workers, protect defined benefit plan benefits, provide flexibility for plan sponsors, and to protect retiree health care.
States Stall on Paid Leave Proposals as Federal Legislation Moves Forward
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Congress Must Allow Large Employers to Help Employees During COVID Crisis
Large employers want to do more for their employees to support them during the COVID crisis. However, they are stymied by existing health and retirement policies that are not flexible.
COVID-19 Retirement/Benefit Requests
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Update on COVID-19 Legislation
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Paid Sick Leave, CalSavers, Student Loan Repayment Bill, SECURE Act Letter Update
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Paid Family and Medical Leave in Maine and Philadelphia
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Modernizing the DC/401(k) Plan System
ERIC is promoting a series of proposals to modernize defined contribution plans. The ideas included in this paper build and improve upon measures that were under consideration in previous Congresses, but also includes many new proposals designed to improve defined contribution plans to make them more predictable, less complicated, and ultimately more beneficial for employers and workers alike.