Now that the composition of the U.S. Senate has been determined, it is clear that Democrats will control the White House and Congress, albeit by narrow margins in both the Senate and House of Representatives. To assist you we are providing an executive summary of important documents the Council released at the end of 2020, which will supplement your strategy and compliance for this year as a new Congress and new administration take control. Some of these materials also highlight several resources and services provided at no additional charge to all Council members, which we encourage you to use throughout the coming year.
WASHINGTON, DC –"Major U.S. companies operating nationwide seek to provide uniform, consistent benefits to their workforce. The ability to do so may be much more challenging in the wake of today's U.S. Supreme Court's decision in Rutledge v. PCMA," American Benefits Council President James A. Klein said today.
WASHINGTON, DC – "Stakeholders of every stripe and lawmakers on both sides of the aisle agree that individuals' financial security in retirement is a key measure of national prosperity, and by and large they agree on how to get there," Lynn Dudley, American Benefits Council senior vice president, global retirement and compensation policy, said today. "As the Senate Finance Committee investigates challenges to American retirement security, we urge lawmakers to advance reforms that build on the employer-sponsored benefits system."