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The ERISA Industry Committee Urges Delaware to Rework Paid Family and Medical Leave Program Regulations

Washington, D.C., December 2, 2024 – The ERISA Industry Committee (“ERIC”) today submitted public comments on proposed regulations contained in “1401 Rules Defining and Regulating the Healthy Delaware Families Act, Family and Medical Leave Insurance Program and the Division of Paid Leave” (“Proposed Rules”). The rules, issued by the Delaware Department of Labor Division of Paid Leave (“Division”), focus on the implementation and administration of the Delaware Paid Family and Medical Leave Insurance Program (“PFML Program”).

The ERISA Industry Committee Urges Colorado to Reconsider New Mental Health Parity Rules

Washington, D.C., November 20, 2024 – The ERISA Industry Committee (“ERIC”) this week, submitted public comments on proposed regulations (Proposed Rules) from the Colorado Division of Insurance aimed at administering parity for mental health and substance use disorder benefits. ERIC’s public comments strongly urge Colorado regulators to reconsider the Proposed Rules, cautioning that if the state rules conflict with future changes to federal law, it could lead to future compliance conflicts and undermine how employers administer benefit plans.

ERIC Legal Center Files Amicus Briefs in Two Key Cases Affecting How Large Employers Operate Employee Benefit Plans

Washington, D.C., November 19, 2024 – The ERISA Industry Committee (ERIC) recently filed amicus briefs in two separate cases affecting large employers. The first case represents a challenge to the practice of “pension risk transfer.” This is a growing area of class action litigation where the trial bar attacks routine transactions that are part of plan administration for pension plans governed under the Employee Retirement Income Security Act of 1974 (ERISA).

The ERISA Industry Committee Calls for Improvements to Proposed Rules Implementing Maine Paid Family and Medical Leave Program

Washington, D.C., October 2, 2024 – The ERISA Industry Committee (“ERIC”) this week, submitted public comments on proposed regulations (Proposed Rules) from the Maine Department of Labor aimed at implementing the state-administered paid family and medical leave insurance program enacted last year. ERIC’s public comments focus on the need to streamline state program requirements, provide clarity to help employers comply, and protect employers’ ability to design and provide generous paid leave benefits.

ERIC Applauds Governor Newsom’s Veto of Prescription Drug Bill that Violated Federal Law

Washington, D.C., October 2, 2024 – Today, The ERISA Industry Committee (ERIC) released the following statement on Governor Gavin Newsom’s (D-CA) veto of SB 966, a bill regulating pharmacy benefit managers (PBMs). While ERIC supports reform of PBMs, ERIC had previously cautioned lawmakers and Governor Newsom that the CA legislation could overstep state authority by directly impacting the design and administration of plans covered under the Employee Retirement Income Security Act (“ERISA”). The statement is attributable to Dillon Clair, Director of State Advocacy, ERIC.