Retirement

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.

Projects and Programs

 

 


Our Priorities

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.

Priorities

Promote policies that provide retirement security through private sector solutions
  • Work with Congress to increase retirement savings and security by making it easier for all employers and other private entities to offer retirement plans and retirement security solutions. 
  • Update employee benefit notices to provide meaningful information efficiently and effectively while protecting plan sponsors. 
  • Encourage employers to offer financial wellness programs suited to their employees’ demographics and needs while limiting compliance burdens. 
  • Modernize the multiemployer pension system through pension funding relief, including funding and governance reforms. 

 

Recent Activity

CommentJul 22, 2020 - 11:15am

Comments to DOL Regarding Prohibited Transactions Involving Pooled Employer Plans.

Office of Regulations and Interpretations, Employee Benefit Security AdministrationRoom N -5655U.S. Department of Labor200 Constitution Avenue NWWashington, DC 20201 Re: Prohibited Transactions Involving Pooled Employer Plans Under the SECURE Act andOther Multiple Employer Plans –RIN: 1210 –ZA28 To Whom It May Concern:

Letters to CongressMay 13, 2020 - 2:30pm

Coalition Letter Regarding Single Employer Funding Relief

May 13, 2020 TO THE MEMBERS OF THE UNITED STATES CONGRESS:

CommentMay 01, 2020 - 2:30pm

Letter to OMB Supporting DOL's Proposed Rule Regarding Default Electronic Disclosure by Employee Pension Benefit Plans

The Honorable Russ VoughtActing DirectorThe Office of Management and Budget725 17 th Street, NWWashington, DC 20503 Re: Support for the DOL’s Final Rule Regarding Default Electronic Disclosureby Employee Pension Benefit Plans Under ERI SA, RIN1210 -AB90 Dear Acting Director Vought:

CommentJan 21, 2020 - 4:15pm

Comments on Proposed Multiemployer Pension Recapitalization and Reform Plan

January 21, 2020 Dear Chairmen Grassley and Alexander,

Press ReleaseJan 09, 2020 - 10:00am

Donohue: 'Engaging with the world is our best strategy for strong national security and lasting prosperity'

Today U.S. Chamber CEO Thomas J. Donohue cautioned that the United States must continue to engage on the world stage or risk being left behind in his annual State of American Business Address.

SpeechJan 09, 2020 - 10:00am

2020 State of American Business Speech: A Year of Meaningful Action

U.S. Chamber President Tom Donohue's remarks on the State of American Business as prepared for delivery on January 9, 2020.