The Council continues to focus its retirement policy advocacy on the scourge of runaway class-action ERISA litigation against plan fiduciaries.

In two separate decisions, federal district courts in Texas vacated the DOL’s 2024 fiduciary definition for investment advice and related amendments to PTE 84-24.

The American Benefits Council submitted a written statement to Tennessee lawmakers regarding Tennessee Senate Bill (S.B.) 2040, the “Freedom, Access, and Integrity in Registered Pharmacy (FAIR Rx) Act,” expressing strong concerns with the legislation as currently drafted.

The Council is meeting with policymakers to explain why repealing the limited-scope audit provision would harm the retirement system and plan participants.

Council President Katy Johnson notes the first batch of guidance released by the administration and explains how the Council is working to ensure that these accounts are user-friendly for employers and employees.

The proposed regulations would require PBMs and other providers of PBM services to disclose information about their compensation to self-insured group health plans.

On March 6, the U.S. Treasury Department and Internal Revenue Service (IRS) released the first set of proposed regulations implementing child savings accounts (CSAs, or “Trump Accounts”).

A new ERISA lawsuit accuses the plan fiduciary of ignoring "climate-related risks."

In comments submitted to Treasury and the IRS, the American Benefits Council responded to Notice 2026-5, which provides initial guidance on provisions of the One, Big, Beautiful Bill Act expanding the availability and flexibility of HSAs.

Council President Katy Johnson describes the role of the Council's Policy Board and some of the most noteworthy sessions from its most recent meeting.

The American Benefits Council held a one-hour webinar on March 5 to discuss and compare health plan disclosure requirements under recent legislation and DOL proposed regulations.

From February 16-27, the Council surveyed employers on their intentions with respect to newly-available child savings accounts (or "Trump Accounts")