Wednesday, December 17, 2014

The ERISA Industry Committee Publishes the Latest Edition of the ERIC Executive Report

The ERISA Industry Committee (ERIC) recently published the latest edition of the ERIC Executive Report. This edition includes:

ERIC NEWS
  • ERIC Wishes Debra Davis Well as Her Family Relocates to Southern California 
  • Mark Your Calendar Now for ERIC’s 2015 Meetings! 
  • Are You Getting the Most Out of Your ERIC Membership? 
RETIREMENT SECURITY
  • Congress Approves Government Funding Bill with Multiemployer and 4062(e) Provisions 
  • Congress Approves One-Year Extension of Expired Tax Provisions, Including Multiemployer Provisions 
  • IRS Releases 2014 Cumulative List of Changes in Plan Qualification Requirements; Extends Deadline for Pre-Approved DB Plans 
  • DOL Seeks to Establish Focus Groups to Evaluate Service Provider Disclosure Requirements 
  • IRS Updates Weighted Average Interest Rates, Yield Curves, and Segment Rates (Notice 2014-78) 
  • PBGC Updates Table for Early Retirement Benefits for 2015 Distress and Involuntary Terminations 
  • Treasury Department Releases Final Regulations on Electronic Retirement Savings Bond for myRA Program 
  • Senate Finance Committee Republican Staff Releases Tax Reform Analysis 
  • AICPA Issues Advisory to Employee Benefit Plan Sponsors 
  • BrightScope/ICI Study Offers In-Depth Look at 401(k) Plan Data 
LEGAL
  • Solicitor General Invited to File Brief in ERISA Preemption Case 
HEALTH CARE COVERAGE
  • Surprise! Congress Passes a Big Bill! 
  • Updates on TRRP, Indexing the “Affordability” Percentage, and Minimum Essential Coverage and Affordability for Individuals 
  • HHS Issues Proposed Guidance on New Health Plan Rules for 2016 Benefit Year 
  • SHRM/EBRI Survey Finds Employers Increasingly Adopting Wellness Incentives during 2015 Open Enrollment 
  • Value-Based Payment Is Spreading, but Models Need Refinement Commonwealth Fund Contends 
  • AP-NORC Survey Finds Employers Think Plan Quality Ratings Important, but Most Unfamiliar with Objective Quality Metrics
ERIC members and trial members can read more here.

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