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ERIC Applauds Congress for Protecting Retirement Security

The ERISA Industry Committee applauds Congress for including the SECURE Act in the just passed 2020 spending bill. The Act provides Americans with greater retirement security by delivering a permanent fix allowing workers to continue accruing benefits in frozen pension plans, extending the required minimum distribution rules, and helping with student debt repayment.

Multiemployer Pension Reform Will Benefit All Plan Sponsors

The ERISA Industry Committee applauds Senators Grassley and Alexander for moving forward to address the crisis in the multiemployer pension system. Since this crisis impacts plan sponsors of all sizes and across the country, it must be addressed comprehensively to ensure the protection of retirement benefits for millions of workers.

ERIC Files Amicus Brief in Thole v. U.S. Bank

ERIC has filed an amicus brief with the U.S. Supreme Court in James J. Thole v. U.S. Bank N.A., asking the Court to uphold the U.S. Court of Appeals for the Eighth Circuit’s decision that the plaintiffs did not have the legal right to sue and the statute of limitations had run out on the ERISA claims.