American businesses of every size maintain a long-held commitment to providing voluntary benefits that support the welfare of their workers. As Americans live longer, healthier, and more active lives, retirement security becomes a greater concern—particularly with the uncertainty surrounding government programs like Social Security.
The private employer-provided retirement system has contributed significantly to the retirement needs of millions of seniors. The Chamber and its members are committed to continuing the success of the system and ensuring the long-term retirement security of Americans.
The multiemployer pension plan crisis threatens to bankrupt businesses, eliminate jobs, and leave millions of retirees without a pension.
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The Chamber will work with Congress and the administration to expand retirement coverage and security for Americans and ease administrative burdens for employers and plan sponsors.
On August 27, the Chamber's Vice President of Retirement Policy, Chantel Sheaks, testified to the 2021 Advisory Council on Employee Welfare and Pension Benefit Plans on Gaps in Retirement Savings Based on Race, Ethnicity and Gender.
Read this coalition comment letter to the Pension Benefit Guaranty Corporation on the Interim Final Regulation (IFR) relating to the Special Financial Assistance (SFA) for troubled multiemployer plans that was part of the American Rescue Plan Act (ARPA).
This Hill letter was sent to Representatives Ron Kind and Mike Kelly and the Members of the House Committee on Ways and Means, supporting H.R. 4054, the "Tribal Tax and Investment Reform Act."
This testimony was presented to the 2021 Advisory Council on Employee Welfare and Pension Benefit Plans Meeting on “Understanding Brokerage Windows in Self-Directed Retirement Plans.”
The Biden Administration's proposed tax increases ignore the millions of Americans who will pay the price of the proposed tax increases.
Internal Revenue Service Attn: CC:PA:LPD:PR (Notice 2021-03) Room 5203
Internal Revenue Service Attn: CC:PA:LPD:PR (Notice 2021-03) Room 5203 P.O. Box 7604
The Honorable Gordon Hartogensis Director Pension Benefit Guaranty Corporation 1200 K St NW
The latest in multiemployer policy.
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Comments to IRS on Remote Notorization
Read our comments to the Internal Revenue Service on Permanent Relief for Remote Witnessing Procedures.