There are numerous and complex administrative issues associated with the potential retroactive application of the U.S. Supreme Court’s decision in U.S. v. Windsor with respect to same-sex couples benefits. To that end, ERIC has joined with 13 other business trade associations in a letter asking the Treasury Department to use its authority under Internal Revenue Code section …
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ERIC Urges IRS to Further Simplify ACA Employer Information-Reporting Requirements
ERIC filed comments urging the IRS to further revise and simplify the proposed regulations concerning reporting requirements applicable to health insurance coverage offered under employer-sponsored plans.
ERIC Urges DOL to Clarify 401(k) Fee Disclosure Guidance
ERIC urged the DOL to clarify its previous guidance providing relief with respect to the fee disclosure requirements for participant-directed individual account plans.
ERIC Supports PBGC’s Efforts to Create Missing Participant Program for 401(k) and Similar Plans
ERIC submitted comments to the PBGC supporting the agency’s efforts to implement a missing participants program in 401(k) and similar plans.
ERIC Urges Flexibility on Lifetime Income Disclosures
ERIC submitted comments today to the DOL recommending that it provide employers with flexibility regarding lifetime income disclosures.
ERIC Submits Additional Information on Reportable Events Hearing to PBGC
ERIC has submitted a letter to the Pension Benefit Guaranty Corporation (PBGC) in response to questions posed by the PBGC at the recent hearing on the reportable events proposed regulations. A special thanks to Michael Francese of Covington & Burling, who testified on behalf of ERIC and provided valuable input on the follow-up letter. This …
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ERIC Suggests Revisions to ACA Minimum Value Proposed Regulations
ERIC submitted to the IRS a series of recommendations to improve proposed regulations relating to the determination of affordability and minimum value of eligible employer-sponsored plans under the ACA.
ERIC Urges CMS to Reconsider Restrictive Requirements on Part D Automatic Prescription Refills
ERIC, along with several other employer business groups, on June 11 wrote to the Centers for Medicare and Medicaid Services urging the agency to reconsider unnecessarily restrictive requirements on automatic prescription refill programs under Medicare Part D. The group letter expresses concern over a proposed change that would require Part D plans to retain, and …
ERIC Urges Greater Flexibility and Clarity for ACA Out-of-Pocket Rules
ERIC has written to HHS, and Treasury urging the agencies to provide greater flexibility and clarity with respect to the out-of-pockets rules under the ACA
ERIC Recommends Revisions to Shared Responsibility Proposed Regulations
ERIC filed comments urging the Treasury Department and IRS to revise the shared responsibility proposed regulations to better accommodate the implementation challenges and administrative complexities faced by large, multinational companies with diverse workforces.