Letter to Congressmen Kelly and Kind Opposing Rightsizing Pension Premiums Act of 2017

The ERISA Industry Committee (‘ERIC’) applauds any effort to stop the unnecessary increases in premiums paid to the Pension Benefit Guaranty Corporation (‘PBGC’) from plan sponsors of single-employer defined benefit plans; however, we are concerned with any legislation that has the potential to unfairly place the solvency of the PBGC single-employer trust fund on the backs of large employers