ERIC submitted suggestions to the U.S. Department of Labor Assistant Secretary of Labor Preston Rutledge on guidance related to the challenge of employers locating missing retirement plan participants
Category Archives: Retirement & Compensation
ERIC Submits Letter to DOL on Missing and Unresponsive Participants
This afternoon, ERIC submitted a letter to the Department of Labor (DOL) on the issue of missing and unresponsive participants
New Jersey Enacts Law Altering State Paid Family and Medical Leave Program
This week, New Jersey Governor Phil Murphy signed AB 3975 into law, altering several aspects of the existing state-administered paid family and medical leave program
Illinois Family and Medical Leave Legislation Introduced
ERIC Files Amicus Brief in Brotherston v. Putnam Investments
ERIC joined the U.S. Chamber of Commerce, the American Benefits Council, the Securities Industry and Financial Markets Association, the American Retirement Association, the National Association of Manufacturers, and the Business Roundtable in filing an amicus brief in the case Brotherston v. Putnam Investments
ERIC Submits Comments on Oklahoma State Retirement Plan Bill
The ERISA Industry Committee is writing regarding Oklahoma Senate Bill 934 (“SB 934”) to urge the legislators to acknowledge the preemption provisions under federal law—The Employee Retirement Income Security Act of 1974 (“ERISA”)—by exempting employers that already provide access to a retirement savings plan from the requirements of SB 934
ERIC Submits Comment Letters on Washington and Oklahoma State Retirement Savings Program Bill
This week ERIC submitted letters in two different states reminding them of the preemption provisions for employers that currently sponsor retirement plans under ERISA. Both Washington state and Oklahoma are considering the implementation of mandatory state-administered IRA programs which would contravene ERISA’s preemption provisions
ERIC Submits Comments on Washington’s State-Run Retirement Plan
ERIC submitted comments regarding Washington Senate Bill 5740 (SB 5740)
Retirement Enhancement and Savings Act Reintroduced in the House
Yesterday, the Retirement Enhancement and Savings Act (RESA) was reintroduced by U.S. Representatives Ron Kind, (D-WI), and Mike Kelly, (R-PA)