Administration | October 18th, 2024 ERISA Industry Committee Seeks Additional IRS Guidance on Student Loan Matching Following guidance released this summer by the IRS about SECURE 2.0’s student loan matching provision, the advocacy organization still has...
Compliance | September 19th, 2024 ERIC Urges Congress to Deem PBMs Fiduciaries Under ERISA The ERISA Industry Committee argues that as fiduciaries, pharmacy benefit managers would be required to act participants’ best interest and...
Compliance | August 12th, 2024 California Legislation to Regulate PBMs Puts Self-Insured Plans at Risk, ERIC Warns A bill introduced by California state senators proposes increased regulation on pharmacy benefit managers, which have come under fire recently.
Compliance | July 9th, 2024 TDF Lawsuit Against Black & Decker Advances A Connecticut federal judge rejected the plan sponsor’s motion to dismiss, so the ERISA fiduciary breach case involving BlackRock TDFs...
Compliance | June 21st, 2024 ERIC and SPARK Concerned About DOL’s Lost and Found Participant Data Request The information request is too broad, rushed and may create data security issues, the industry lobby groups argued.
Compliance | May 13th, 2024 Industry Groups Request SCOTUS Hearing for AT&T ERISA Case A seven-year-old lawsuit concerning fee disclosure could be before the Supreme Court next term.
Compliance | April 1st, 2024 Stakeholders Ask for Fewer Regulatory Mandates for Automatic Portability U.S. Chamber of Commerce and ERIC ask for a longer compliance date and a removal of required non-English disclosures.
Compliance | March 25th, 2024 ERIC Joins Amicus Brief Defending Yale University The brief was filed to support Yale in the plaintiffs’ 2nd Circuit appeal of a 2023 jury verdict that was...
Administration | March 30th, 2023 Comment Period Ends for IRS Proposal on Remote Notarization Thursday was the final day to submit comments on the December 2022 IRS proposal to allow remote notarization for many...
Compliance | March 29th, 2018 ERIC and Oregon Retirement Savings Board Agree to Settle Lawsuit Under the terms of the settlement, ERIC members may inform the State, if it asks, that they are ERIC members,...