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Aon Hewitt Releases 2015 Hot Topics in Retirement
Three themes emerged from Aon Hewitt’s ninth installment of its annual benchmarking report examining the retirement focus areas of plan sponsors in the upcoming year, including
SEC Releases Proposed Rules for Hedging Disclosure
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ERIC Statement on Retirement Proposals in President Obama’s Fiscal Year 2016 Budget
The President’s proposal to cap the amount of accrued benefits in tax-favored retirement plans and IRAs misses the mark and should be rejected.
Obama Administration Releases FY 2016 Budget with Retirement Policy Provisions
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DOL Issues Final Rule on Annual Funding Notice for Defined Benefit Plans
The Department of Labor on January 30 released a final rule implementing the annual funding notice requirement of section 101(f) of the Employee Retirement Income Security Act. The final rule requires the administrators of defined benefit plans (single employer and multiemployer) to furnish an annual funding notice to participants, beneficiaries, the Pension Benefit Guaranty Corporation, …
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New Task Force on DOL’s Proposed Regulation on Definition of Fiduciary
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Timeline on Tax Bill Expectations in 2015
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DOL Posts Final 2014 ERISA Advisory Council Reports
The Department of Labor recently posted to its website the final reports from the three topics (facilitating lifetime plan participation, outsourcing employee benefit plan services, and pharmacy benefit managers (PBM) compensation and fee disclosure) the ERISA Advisory Council in 2014 studied and made recommendations for the DOL’s consideration.
ERIC Urges Supreme Court to Uphold Earlier Rulings Affirming ERISA’s Six-Year Statute of Limitations for Alleged Fiduciary Breach Claims
The ERISA Industry Committee filed with the U.S. Supreme Court an amicus brief in the Tibble v. Edison International case.