ERIC requested the PBGC provide relief from premium payments and extend filing deadlines in the context of significant business challenges resulting from the COVID-19 outbreak.
Miscellaneous Archives:
ERIC Releases Groundbreaking Research Showing Significant Savings from Biosimilars: Large Employers Call for More Competition
ERIC released groundbreaking research, part of a larger initiative examining the impact of biosimilars on the health benefits spending of multiple large employers.
Maryland Telehealth Win!
Right now, when the need for telehealth is at an all-time high, ERIC has secured a win in Maryland. Both ERIC-supported bills, S.B. 402 and H.B. 448, are on their way to the Governor’s desk. They are expected to be signed before the end of the session, which has been moved to April 6.
ERIC: The Law is on Our Side in Seattle Health Mandate Lawsuit
ERIC filed a response to the City of Seattle, which had asked the U.S. District Court for the Western District of Washington to dismiss our amended complaint. The filing rejects the City’s assertion that its recently enacted health-benefits ordinance is not preempted by federal law and urged the Court to order that ERIC’s case continue.
ERIC is Working With Congress to Provide Relief to Employees During COVID-19
ERIC is working to ensure that during this unprecedented time, employees can manage current financial stress and long-term retirement needs.
New Student Loan Legislation Helps Save for Retirement While Repaying Loans
ERIC appreciates Congressman Danny K. Davis (D-IL) and Representative Darin La Hood (R-IL) for taking steps to help workers save for retirement at the same time they are repaying student loan debt by introducing the Retirement Parity for Student Loans Act of 2020.
Federal Paid Leave Legislation Must Allow Employers to Continue Providing Needed Benefits
ERIC provided testimony to U.S. House of Representatives Committee on Education and Labor, Subcommittee on Workforce Protections ahead of their hearing, entitled “The Healthy Families Act (H.R. 1784): Examining a Plan to Secure Paid Sick Leave for U.S. Workers.”
Employers Praise Administration’s Actions to Help Stop Coronavirus
ERIC applauds the Administration’s action to provide relief for patients in qualified high-deductible health plans with health savings accounts, to ensure they can obtain testing and treatment for the coronavirus.
ERIC Takes on Modernizing the DC/401(k) Plan System
ERIC today briefed Congressional staff on how lawmakers can help large employers strengthen the defined contribution plans they offer their employees.
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.