To determine if the Employee Retirement Income Security Act of 1974 (ERISA) might impact viability of mandated auto-enrollment IRA programs created through state legislation (“State Auto-Enrollment IRA Programs”), the U.S. Chamber of Commerce requested Eversheds Sutherland (US) to examine whether state auto-IRA plans are preempted by ERISA and/or could be considered ERISA plans.
Employee Benefits Committee
This committee develops Chamber policy recommendations on all employee benefit issues: health care, pension and retirement plans, and other employer-provided benefits, as well as public programs such as Social Security and Medicare. The committee oversees the Chamber's response to employee benefit legislation pending before all congressional committees of jurisdiction as well as regulatory initiatives before administrative agencies. The committee has a Retirement Plans Subcommittee, which works on those issues in more technical detail than the full committee.