LIDA Update and Closed Plans Relief

Earlier this month, ERIC and two other trade associations delivered a letter to key elected officials on a proposed alternative to the Lifetime Income Disclosure Act (LIDA). As a reminder, the current version of LIDA would mandate that all plan sponsors include on retirement plan statements the annuitized amount of the individuals account balance

Paid Leave Updates in Texas

Austin’s paid sick leave ordinance–set to take effect October 1, 2018–is facing a legal challenge from the Texas Public Policy Foundation (TPPF) and the Texas Attorney General

Who’s Working for You? ERIC

ERIC has a team of policy experts and a team of lawyers that have political experience to navigate through legislation and the regulatory environment as well as state policy initiatives.

ERIC Offers Guidance on Missing Plan Participants

ERIC sent a letter to Assistant Secretary of Labor Preston Rutledge encouraging the DOL to focus its efforts on developing guidance related to the challenge of employers locating missing retirement plan participants.