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Topic Archives:
Pension Plan Funding Status on the Rise
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Local State Paid Sick Leave Laws Becoming More Common
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Possible Effects of California’s State-Run Retirement Savings Program
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EEOC Revisions Place Undue Burden on Employers
The ERISA Industry Committee is disappointed in the U.S. Equal Employment Opportunity Commission’s final rule that provides revisions to the EEO-1 Report
Equal Employment Opportunity Commission (EEOC) and Department of Labor (DOL) Updates
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PBGC Lowers Penalty Payments & Composite Plans
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Transitional Relief for Closed Plans; PBGC Missing Participant Program & Senate Finance Committee
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Review of Senate Finance Committee Markup
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Lifetime Income Language Should be Voluntary, Not Required
ERIC applauds the Senate Finance Committee for focusing on retirement security in America. While we are grateful that the Chairman’s mark includes provisions to expand automatic enrollment, we are extremely concerned that the mark includes a mandate to include lifetime income language on retirement plan statements, which will only drive up costs to administer a plan and lead to confusion among participants