For Immediate Release
Washington, DC – The following statement should be attributed to Annette Guarisco Fildes, President and CEO, The ERISA Industry Committee (ERIC):
“The ERISA Industry Committee urges the Senate Health, Education, Labor, and Pensions (HELP) Committee to move swiftly to advance the nomination of Preston Rutledge to be the Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA) at the Department of Labor.
Mr. Rutledge knows well the regulatory burdens imposed on companies that sponsor employee benefit plans and has substantial expertise on employee benefits policy. He has participated on several ERIC policy panels and always presents a deep understanding and knowledge of health and retirement plan policy. ERIC looks forward to working with Mr. Rutledge and the Department of Labor to create an environment that supports the ability of large employers to offer health, retirement, and compensation benefits to workers, retirees, and families across the nation without undue mandates, taxes or compliance burdens. We are confident that the Senate HELP Committee will act on Mr. Rutledge’s nomination swiftly and we urge the Senate to confirm him as soon as possible.”