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

ERIC’s Tips for Preparing for the DOL’s Overtime Rule

Will Hansen, ERIC’s senior vice president of retirement policy, provided the ‘Tip of the Week’ in this week’s edition of Epstein Becker Green’s Employment Law This Week. Will gave advice on preparing a benefits program in advance of the U.S. Department of Labor’s overtime rule