MEP Proposed Rulemaking
- On October 23, 2018, Employee Benefits Security Administration, Department of Labor published proposed rules of “Definition of ‘Employer’ Under Section 3(5) of ERISA-Association Retirement Plans and Other Multiple-Employer Plans”. The proposed regulation addresses when a group or association of employers or PEO falls within the definition of “employer” under ERISA section 3(5) for purposes of sponsoring a MEP under title I of ERISA to cover the employees of member employers. Comments on all aspects of this proposal are due by December 24, 2018.
- Summary of the Employee Retirement Income Security Act. Click here to learn more.
- Retirement Plans and ERISA FAQs. Click here to learn more.
- ERISA – Title 29 of the Code of Federal Regulations. Click here to learn more.
- U.S. Department of Labor Marks ERISA’s 40thAnniversary. Click here to learn more.
View Recent DOL ERISA Advisory Council Reports:
- 2018 Topic: Lifetime Income Solutions as a Qualified Default Investment Alternative (QDIA) – Focus on Decumulation and Rollovers (Report expected later 2018)
- “Mandated Disclosure for Retirement Plans – Enhancing Effectiveness for Participants and Sponsors” (November 2017)
- “Participant Plan Transfers and Account Consolidation for the Advancement of Lifetime Plan Participation” (November 2016)
- “Model Notices and Plan Sponsor Education on Lifetime Plan Participation” (November 2015)
- “Model Notices and Disclosures for Pension Risk Transfers” (November 2015)
- “Issues and Considerations Surrounding Facilitating Lifetime Plan Participation”(November 2014)
- “Outsourcing Employee Benefit Plan Services” (November 2014)
CRI Policy Reports
- Multiple Employer Plans: An Overview of Legal, Regulatory and Plan Design Considerations for States. Click here to learn more about how ERISA and other laws apply to MEPs.
- Review of Potential Public Retirement Plan Options for Private Sector Employees/Employers in the State of Vermont. Click here to learn more about how ERISA and other laws apply to retirement plan design options.
- State Initiatives to Expand the Availability and Effectiveness of Private Sector Retirement Plans: How Federal Laws Apply to Plan Design Options. Click here to learn more.