The ERISA Industry Committee is writing regarding Oklahoma Senate Bill 934 (“SB 934”) to urge the legislators to acknowledge the preemption provisions under federal law—The Employee Retirement Income Security Act of 1974 (“ERISA”)—by exempting employers that already provide access to a retirement savings plan from the requirements of SB 934
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ERIC Submits Comment Letters on Washington and Oklahoma State Retirement Savings Program Bill
This week ERIC submitted letters in two different states reminding them of the preemption provisions for employers that currently sponsor retirement plans under ERISA. Both Washington state and Oklahoma are considering the implementation of mandatory state-administered IRA programs which would contravene ERISA’s preemption provisions
ERIC Submits Comments on Washington’s State-Run Retirement Plan
ERIC submitted comments regarding Washington Senate Bill 5740 (SB 5740)
Retirement Enhancement and Savings Act Reintroduced in the House
Yesterday, the Retirement Enhancement and Savings Act (RESA) was reintroduced by U.S. Representatives Ron Kind, (D-WI), and Mike Kelly, (R-PA)
ERIC Adds Experience to Its Staff with the Hiring of Two D.C. Insiders
ERIC is pleased to announce Aliya Robinson as the new Senior Vice President of Retirement and Compensation Policy and LeAnne Wilson as Vice President of Strategic Partnerships
MD Paid Family and Medical Leave Insurance Program; LA Proposes Paid Parental Leave Mandate
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ERIC Advocates for Student Loan & Hardship Withdrawal Policies to Promote Employee Savings
The ERISA Industry Committee started 2019 off with a flurry of comments on retirement policies affecting large plan sponsors
ERIC Comments on Proposed Regulations Relating to Hardship Distribution Provisions
ERIC submitted comments to the Internal Revenue Service on proposed regulations relating to hardship distribution provisions for 401(k) plans
ERIC Encourages IRS to Provide Guidance on Student Loan Relief
ERIC worked with a coalition of companies and business groups to encourage the IRS to provide guidance that all employers could use when considering student loan relief in their retirement plans
End of Congress Legislative Update
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