Yesterday, ERIC submitted written testimony to the New Jersey Senate Budget and Appropriations Committee on Assembly Bill 1827 (‘A1827’). A1827 would establish paid sick leave in the state. ERIC’s testimony addressed three main concerns: (1) carryover, (2) recordkeeping, and (3) definition of a family member
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ERIC’s Written Testimony on New Jersey’s Paid Sick Leave Bill
The ERISA Industry Committee (“ERIC”) appreciates the opportunity to submit written testimony for Assembly Bill 1827 (“A1827”), which would provide paid sick leave to employees in New Jersey
DC Paid Leave Regulatory Alert
ERIC Settles Lawsuit Against Oregon Retirement Savings Board, Secures Exemption for ERIC Members
ERIC has settled its lawsuit against the Oregon Retirement Savings Board. ERIC sued the OSRB last October for violating the Employee Retirement Income Security Act of 1974 with the employer reporting requirement imposed by its state-run mandatory retirement plan, OregonSaves
California Secure Choice Program Rulemaking Delayed
RESA Update
ERIC’s Letter to U.S. Senate on Lifetime Income Disclosure Act
We strongly support the Retirement Enhancement & Savings Act (RESA), and encourage you to advance this legislation in the Omnibus package currently being debated-with one critical modification relating to the Lifetime Income Disclosure Act (LIDA) mandate
RESA and GAO Report Request
ERIC Supports the Retirement Savings Lost and Found Act
ERIC supports Senator Elizabeth Warren’s introduction of the “Retirement Savings Lost and Found Act,” which would create a central database allowing current and soon-to-be retirees to view the location of their retirement funds. It also provides needed guidance to employers on the steps that must be taken to locate former employees who are still vested in the company’s retirement plan