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.

Recent Activity

ReportMay 25, 2017 - 4:45pm
Fiduciary Rule Report Cover

The Data Is In: The Fiduciary Rule will Harm Small Retirement Savers

This report is a compilation of survey statistics and other data that was submitted by various organizations in response to a DOL recent comment period, in response to the February 3, 2017 Presidential Executive Order, on the Fiduciary Rule.

LetterMay 17, 2017 - 1:45pm

Comment Letter to House HELP Subcommittee Regarding Employment Based Retirement Savings Plans

This letter was sent to the Chairman Tim Walberg and Ranking Member Gregorio Kilili Camacho Sablan of the House Subcommittee on Health, Employment, Labor, and Pensions in advance of the  Subcommittee’s hearing entitled “Regulatory Barriers Facing Workers and Families Saving for Retirement.” The letter expresses the Chamber’s support for policies that encourage employment based retirement saving

Above the FoldMay 05, 2017 - 9:30am
Retirement Plan

Retirement Protection You Probably Didn’t Know You Had

The biggest mistake is often not knowing what you don’t know.

LetterApr 27, 2017 - 6:00pm

Joint Letter to the U.S. Senate Supporting H.J. Res. 66

This joint trade association letter was sent to the members of the United States Senate in support of H.J. Res. 66, resolution of disapproval under the Congressional Review Act to invalidate the Department of Labor’s “safe harbor” regulations on Savings Arrangements Established by States for Non-Governmental Employees.    

LetterApr 25, 2017 - 5:45pm

Key Vote Alert Letter Sent to Members of the U.S. Senate Supporting H.J. Res 66

This Key Vote Alert! letter was sent to the members of the United States Senate in support of H.J. Res. 66, resolution of disapproval under the Congressional Review Act to invalidate the Department of Labor’s “safe harbor” regulations on Savings Arrangements Established by States for Non-Governmental Employees.  

LetterApr 17, 2017 - 5:30pm

U.S. Chamber Comment Letter to DOL on the Fiduciary Rule

This U.S. Chamber comment letter was submitted to the Department of Labor to provide additional information needed to properly evaluate the true economic impact of the Fiduciary Rule.

CommentApr 17, 2017 - 5:00pm

Comment Letter to EBSA Regarding the Economic Impact of the DOL's Fiduciary Rule

On April 17, 2017, the U.S. Chamber of Commerce sent this comment letter to the Department of Labor's Employee Benefits Security Administration regarding the economic impact of the fiduciary rule and associated exemptions.    April 17, 2017

LetterApr 06, 2017 - 5:00pm

Joint Letter Supporting H.R. 1962/S. 852 to Amend Nondiscrimination Provisions in Internal Revenue Code

This joint letter was sent to all members of Congress supporting H.R. 1962 and S. 852, companion bills that would amend the nondiscrimination provisions of the Internal Revenue Code of 1986 to allow plan sponsors to protect current employees when transitioning from a defined benefit plan to a defined contribution plan.   

Above the FoldApr 05, 2017 - 2:00pm
Department of Labor headquarters in Washington, D.C.

Smart Move. Labor Department Delays Fiduciary Rule for 60 Days.

The Obama administration rule would limit access to retirement investment advice for small businesses and their workers.

CommentMar 29, 2017 - 5:00pm

Joint Comment Letter to the IRS Regarding the Proposed Rule on Mortality Tables for Determining Present Value Under Defined Benefit Plans

On December 29, 2016, the IRS issued a proposed rule on Mortality Tables for Determining Present Value Under Defined Benefit Pension Plans to update the requirements that a plan sponsor must meet to obtain IRS approval when using mortality tables specific to the plan for minimum funding purposes instead of generally applicable tables. In response, the U.S.