THE ERISA INDUSTRY COMMITTEE for ERISA INDUSTRY COMMITTEE

Retirement RET

H.R. 4173, Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, major swap participation issues; FAB 2006-03, Expand Safe Harbor for Electronic Distribution of Participant-Level Disclosures; Executive Order 13536, "Improving Regulation and Regulatory Review"; DOL PTE 96-23, amendment to the 1996 prohibited transaction class exemption, INHAM exemption; T.D. 9472, notice on pension plan participants significant reduction in rate of future benefit accrual; DOL Proposal to extend the applicability dates of the interim final rule concerning fiduciary-level fee disclosure (29 C.F.R. 2550.408b-2(c)) and the final rule concerning participant-level disclosure (29 C.F.R. 2550.404a-5; Proposed Bank Secrecy Act of 1970 regulations to exempt employee benefit plans from foreign account reporting requirements; Proposed regulations and general issues: Ryan budget proposal; PBGC premium proposal; cash balance plans, lifetime income options for participants and beneficiaries in retirement plans, suspension of benefits notice requirements, cash balance plan regulations; and defined benefit plans.

Contacted: Labor, Dept of (DOL); White House Office; Pension Benefit Guaranty Corporation (PBGC); Treasury, Dept of; SENATE; Centers For Medicare and Medicaid Services (CMS)

Bills named: H.R. 4173 (112th)

Health Issues HCR

Public Law 111-148/H.R. 3590, Patient Protection and Affordable Care Act, all provisions; Executive Order 13536, Improving Regulation and Regulatory Review; budget proposals, health benefit issues; retiree-only group health plan regulations.

Contacted: Treasury, Dept of; Pension Benefit Guaranty Corporation (PBGC); SENATE; White House Office; Labor, Dept of (DOL); Centers For Medicare and Medicaid Services (CMS)

Bills named: H.R. 3590 (112th)