ERIC urged the DOL to exclude large plans from its proposal to require service providers to distribute a “guide” or similar tool to fiduciaries in order to satisfy the disclosure regulations under section 408(b)(2) of ERISA.
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ERIC Urges PBGC to Withdraw Proposed Regulations on Reportable Events, Maintain Existing Requirements
ERIC submitted comments to the PBGC urging the agency not to finalize proposed regulations on reportable events requirements
ERIC Participates in Hill Briefings and Releases New Study on Impact of PBGC Premiums
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ERIC Urges DOL to Exclude Large Plans from Fee Disclosure Guides
ERIC urged the DOL to exclude large plans from its proposal to require service providers to distribute a guide or similar tool to fiduciaries in order to satisfy the disclosure regulations under section 408(b)(2) of ERISA.
U.S. Supreme Court Issues Adverse Decision in U.S. v. Quality Stores
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ERIC Urges Treasury to Expand Options and Provide Permanent Nondiscrimination Relief for Closed Defined Benefit Plans
ERIC submitted comments to the Department of Treasury and IRS urging the Agencies to provide permanent relief and additional options for frozen defined benefit plans to satisfy the nondiscrimination testing requirements under the Internal Revenue Code.
ERIC Files Amicus Brief with Supreme Court in Fifth Third Bancorp v. Dudenhoeffer
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ERIC Urges Supreme Court to Apply Presumption of Prudence in Plans with Company Stock
Washington, D.C. – The ERISA Industry Committee (ERIC) on February 3 filed (with other trade associations) with the U.S. Supreme Court an amicus brief in the Fifth Third Bancorp v. Dudenhoeffer case, urging the Court to apply the presumption of prudence at the pleading stage of a lawsuit. ERIC’s brief was prepared by Proskauer Rose LLP. …
ERIC Files Amicus Brief in United States v. Quality Stores before U.S. Supreme Court
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ERIC Adamantly Opposed to PBGC Premium Increase in Budget Agreement
ERIC is deeply troubled by the Congressional budget agreement that includes an increase in premiums paid to the PBGC by companies that sponsor defined benefit pension plans.