Electronic Disclosure is a Necessary Tool for Benefit Plan Sponsors

For Immediate Release

Washington, DC – The following statement should be attributed to Will Hansen, Senior Vice President of Retirement and Compensation Policy, The ERISA Industry Committee (ERIC):

“The ERISA Industry Committee is pleased the Trump Administration recognized the need to modernize how employers can send required disclosures and notices to plan recipients in its most recent Executive Order.

ERIC advocates on behalf of large employer plan sponsors; making electronic delivery the standard would give them the flexibility to enhance the disclosures to include interactive features that could help participants understand the materials, as well as allow for inclusion of other relevant information. Additionally, electronic disclosure would reduce costs to both the plan sponsor and the plan participants.

ERIC will continue to provide the Administration guidance on this very important issue.”


All media inquiries to The ERISA Industry Committee should be directed to:

Kelly Broadway, 202.627.1918, kbroadway@eric.org

About the ERISA Industry Committee
ERIC helps America’s largest employers stay ahead of employee benefit policy. ERIC member companies are leaders in every sector of the economy, and we represent them in their capacity as sponsors of employee benefit plans for their own workforce. Only ERIC provides the combination of intel, expertise, collaboration, and lobbying that exclusively serves the interests of large employers who provide health, retirement, and compensation benefits to their nationwide workforce.