The ERISA Industry Committee Offers Recommendations for Treasury/IRS 2023-2024 Priority Guidance Plan 

WASHINGTON, June 8, 2023 – The ERISA Industry Committee (ERIC) today submitted several recommendations regarding health care and retirement benefits to the U.S. Treasury Department and the Internal Revenue Service. The letter follows an agency request for stakeholders to recommend items to be considered for the Department’s 2023-2024 Priority Guidance Plan.

“ERIC recognizes the important role the Department of Treasury and IRS play in providing large health care and retirement plan sponsors the guidance needed to most effectively provide benefits to millions of American workers and their families,” said James Gelfand, ERIC President and CEO. “The agencies have opportunities to provide guidance and regulations that make plan administration less burdensome, improve efficiency, and drive better benefits for plan participants. In our letter, we offer recommendations related to implantation of the SECURE 2.0 Act, high-deductible health plans, and other key issues critical to our large employer member companies and their employees.”

ERIC member companies sponsor and maintain health care and retirement plans for millions of workers, their families, and retirees. They supervise billions of dollars in retirement assets in accordance with their obligations under federal law.

Click HERE to read ERIC’s letter to the IRS.


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About The ERISA Industry Committee
ERIC is a national advocacy organization that exclusively represents large employers that provide health, retirement, paid leave, and other benefits to their nationwide workforces. With member companies that are leaders in every sector of the economy, ERIC advocates on the federal, state, and local levels for policies that promote flexibility and uniformity in the administration of their employee benefit plans.