ERIC is working to ensure that during this unprecedented time, employees can manage current financial stress and long-term retirement needs.
Miscellaneous Archives:
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.
ERIC Supports Maryland’s Paid Family and Medical Leave Program
Today, ERIC expressed our support for lawmakers working on expanding access to critical paid family and medical leave benefits for Maryland residents. ERIC was especially pleased that HB 839 provides an exemption for employers that already provide generous paid family and medical leave benefits to their employees.
ERIC Confident Court Will Reject Seattle Employer Health Care Mandate
ERIC remains confident in our lawsuit against the City of Seattle and believes that the court will reject the City’s latest filing to dismiss the lawsuit. In January, ERIC filed an amended complaint challenging Seattle’s Municipal Code (SMC) 14.28, on the grounds that ERISA preempts the new law.
Federal Paid Leave Legislation Must Provide Relief from Patchwork of State Laws
ERIC sent testimony to U.S. House of Representatives Committee on Education and Labor, Subcommittee on Workforce Protections ahead of today’s hearing, entitled “Balancing Work, Health, and Family: The Case for Expanding the Family and Medical Leave Act.”
ERIC Responds to President Trump’s 2021 Budget
ERIC is pleased President Trump’s 2021 budget addresses the rising cost of health care and calls for legislative and regulatory efforts to achieve ERIC member companies’ top health policy objectives