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January 22, 2025

Supreme Court Grants Review of Case on Affordable Care Act Preventive Services Requirements

The U.S. Supreme Court has granted review of an appeals court decision which found that some aspects of the preventive services requirements under the ACA are unconstitutional.

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January 22, 2025

Office of PBGC Participant, Plan Sponsor Advocate Issues Annual Report, Calls for 'Immediate' Premium Reform

The PBGC’s Office of the Participant and Plan Sponsor Advocate has released its annual report, once again calling on lawmakers to lower premiums paid by defined benefit plan sponsors.

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January 22, 2025

IRS Proposes Regulations Implementing $1 Million Cap on Deductible Compensation for Key Employees

The IRS has issued proposed rules implementing a key provision of a 2021 law expanding the scope of the cap on deductible compensation for certain officers and employees of publicly held corporations.

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January 17, 2025

Biden Administration Issues Annual Mental Health Parity Report to Congress

In its annual report to Congress, the DOL states that it obtained the majority of corrections from plans and issuers without the need to issue determinations of noncompliance.

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January 17, 2025

Council Seeks Less Adversarial Approach from DOL in Letter to Trump Transition Team

In a letter to the incoming president’s transition team, the Council recommended that the DOL take a fresh approach to employee benefit matters related to retirement plans under the new administration.

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January 17, 2025

IRS Releases Proposed Regulations on Catch-up Contribution Rules; Summary Available to Members

Treasury and IRS released proposed regulations addressing changes to the the catch-up contribution rules made by SECURE 2.0.

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January 17, 2025

Treasury, IRS Issue Guidance on Automatic Enrollment Requirements under SECURE 2.0

Treasury and IRS have released proposed regulations clarifying new automatic enrollment requirements for retirement plans established on or after December 29, 2022.

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January 17, 2025

Benefits Briefing Webinar: Washington Update: New Year, New Administration, New Congress

The Council held a one-hour webinar on Thursday, January 17 to welcome members to 2025 with an update on policy activity related to employee benefits.

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January 14, 2025

Council Offers Detailed Feedback on Bipartisan Legislative Proposal for Harmonizing Paid Family Leave Laws

American Benefits Council commended the lawmakers for their leadership on paid leave issues and provided specific recommendations for continued progress.

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January 14, 2025

Retirement Litigation Roundup: Amicus Briefs Filed in Cases Related to Service Agreements, Underperformance Claims; New Developments on ESG Cases, Pension Risk Transfers

The Council and other business groups have filed an amicus brief with the U.S. Supreme Court explaining the importance of strict pleading standards for plaintiffs in cases alleging ERISA violations, to prevent new waves of baseless litigation.

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January 14, 2025

A Time of Transition

As a new year begins, I'm writing to reintroduce myself and acknowledge this time of transition, both within the Council and in Washington, D.C.

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January 14, 2025

Council Offers Detailed Feedback on Bipartisan Legislative Proposal for Harmonizing Paid Family Leave Laws

On December 10, the American Benefits Council commended the lawmakers for their leadership on paid leave issues and provided specific recommendations for continued progress.

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