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 and a Healthcare Regulatory Task Force (see separate description for the task force under Special Programs, Councils and Task Forces), which works on those issues in more technical detail than the full committee.
Raising Retirement will highlight current successes of the private retirement system and will focus on regulatory and practical solutions that increase retirement plan coverage by small business plan sponsors, promote portable benefits, and explore other benefits that can help workers stay on track for retirement.
On Tuesday, June 26th the Chamber, along with several trade associations, sent a joint letter to Senate Finance Committee Chairman Orrin Hatch and Ranking Member Ron Wyden. The joint letter is in support of the legislative proposal to expand the self-correction program be added to the Internal Revenue Service.
On June 25, 2018, the Chamber, along with several other trade assoicaitons, signed a joint letter to Employee Benefits Security Administration Assistant Secretary Preston Rutledge regarding missing and unresponsive participants.
TESTIMONY BEFORE THE UNITED STATES SENATE & UNITED STATES HOUSE OF REPRESENTATIVES JOINT SELECT COMMITTEE ON SOLVENCY OF MULTIEMPLOYER PENSION PLANS FOR THE HEARING ON: EMPLOYER PERSPECTIVES ON MULTIEMPLOYER PENSION PLANS
On Wednesday, June 18, the U.S. Chamber of Commerce released a report titled The Multiemployer Pension Plan Crisis: Businesses and Jobs at Risk. The report outlines the multiemployer pension plan crisis and what it will mean for employers, participants and beneficiaries, as well as the U.S. economy in general.
This letter was sent to all members of the Senate in support of the nomination of Gordon Hartogensis to be Director of the Pension Benefit Guaranty Corporation (“PBGC”).
This statement for the record was sent to all members of the House Education and Workforce Committee’s Subcommittee on Health, Education, Labor, and Pensions for a hearing today on “Enhancing Retirement Security: Examining Proposals to Simplify and Modernize Retirement Plan Administration.”
On March 6, 2018, the U.S.
On January 2, 2018, the U.S.
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Comments to DHS on the Removal of International Entrepreneur Parole Program