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Regulatory Burdens Threaten Retirement Plans
The ERISA Industry Committee [ERIC] Link to more items from this source
[Opinion]
Aug. 2, 2017

"ERIC's comments to the Dept. of Treasury focused on four areas: Withdrawing proposed rules on minimum present value requirements for defined benefit plan distributions; Advocating for further delay on implementation of rules regarding nondiscrimination testing relief for closed defined benefit pension plans and requesting additional changes to such rules before being finalized; Calling for additional review and economic analysis of proposed regulations to update mortality tables used for determining the present value of accounts under defined benefit pension plans; and Review of foreign bank and financial report rules that apply to retirement plans in an effort to reduce costs and burdens on the retirement plan community and corporate treasury staffs."

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