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American Benefits Council Testimony to the ERISA Advisory Council on Model Notices and Disclosures for Pension Risk Transfer (PDF)
American Benefits CouncilLink to more items from this source
[Opinion]
May 28, 2015
11 pages. "[T]he Council strongly supports disclosures that help participants make informed and prudent choices.... [It] is critical that any new guidance be clearly prospective only.... To do otherwise would undermine a fundamental premise of our voluntary system: the ability to rely on the law in effect at the time a transaction occurs.... [A]ny new guidance needs to provide flexibility for plan sponsors to fulfill their disclosure obligations in a way that fits their circumstances and their workforce."

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