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ERIC Comments on Oregon State Retirement Savings Plan
The ERISA Industry Committee [ERIC] Link to more items from this source
[Opinion]
Feb. 23, 2017

"Defining 'employee' with an age requirement of 18 years old is in direction contradiction of federal laws and regulations ... [E]mployers should be able to limit participation in an employer retirement plan to full-time employees ... and not have to separately enroll other groups of non-eligible employees into the State Retirement Plan.... A mandate to apply for a conditional exemption every three years, and the threat of the requirements changing to receive the exemption at any point in time, will only decrease the likelihood of employers offering a quality retirement plan[.]"

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