Topic Archives:
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
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.
ERIC and Other Trade Groups Write to Treasury on Retroactive Effect Issues in Windsor Decision
There are numerous and complex administrative issues associated with the potential retroactive application of the U.S. Supreme Court’s decision in U.S. v. Windsor with respect to same-sex couples benefits. To that end, ERIC has joined with 13 other business trade associations in a letter asking the Treasury Department to use its authority under Internal Revenue Code section …
ERIC Urges DOL to Clarify 401(k) Fee Disclosure Guidance
ERIC urged the DOL to clarify its previous guidance providing relief with respect to the fee disclosure requirements for participant-directed individual account plans.
ERIC Argues that Court Should Not Rewrite Plan Documents
ERIC filed with the U.S. Court of Appeals for the Second Circuit an amicus brief in Osberg v. Foot Locker, Inc.
ERIC Files Amicus Brief in Osberg v. Foot Locker
ERIC filed an amicus brief with the Second Circuit in the Osberg v. Foot Locker case.
ERIC Supports PBGC’s Efforts to Create Missing Participant Program for 401(k) and Similar Plans
ERIC submitted comments to the PBGC supporting the agency’s efforts to implement a missing participants program in 401(k) and similar plans.
ERIC Urges Flexibility on Lifetime Income Disclosures
ERIC submitted comments today to the DOL recommending that it provide employers with flexibility regarding lifetime income disclosures.