Browsing Tag
Pension Risk Transfer (ERIC)
10 posts
ERIC Files Amicus Brief Pressing Court to Dismiss PRT Suit
The amicus brief states that plaintiffs did not experience any injury as a result of Weyerhaeuser and Athene’s PRT in 2019
ERIC Backs Bills Aimed at Bringing Transparency, Accountability to EBSA
The ERISA Industry Committee says “EBSA Investigations Transparency Act” and “Balance the Scales Act” would bring needed reforms
Groups Urge Supreme Court to Clarify ERISA Litigation Pleading Standards to Combat Surge in Frivolous Suits
Amicus briefs filed asking Court to affirm Second Circuit judgment in Cunningham v. Cornell University which will be heard on Jan. 22
DOL Starts Collecting Data for Retirement Savings Lost & Found
SECURE 2.0 mandates the new online database go live by Dec. 29
Too Much Information: Group Says DOL Overreaches with ‘Lost and Found’ Database
ERISA Industry Committee demands scaling back of data needed for SECURE 2.0-mandated database set to go live by end of year
Groups Urge Supreme Court Review of Ninth Circuit Ruling That Could Explode ‘Frivolous’ ERISA Litigation
ERIC, American Benefits Council and SPARK Institute among those filing amicus brief saying allowing decision to stand would redefine prohibited transactions
401(k) Industry Still Pleading for Delay in SECURE 2.0 Catch-Up Contribution Requirement
Heavyweight list of organizations urge government to delay change currently set for start of 2024 that could eliminate catch-up contributions; Treasury Department expected to issue guidance soon
Industry Leaders Denounce SEC Swing Pricing Proposal
ERIC, SPARK Institute, ICI and IRI have all issued statements against the SEC proposed mandate for open-end funds
ERIC Issues Comments Supporting DOL Proposal on VFCP
The ERISA Industry Committee submitted comments backing the DOL's proposed changes on VFCP, along with recommendations for further improvements
Will Student Loan Match Disrupt 401k Plans’ Tax Benefits?
Recent research has shown almost half of American workers are making student loan payments—whether on their own student…