Publications and Resources

Featured Publications

The Council regularly provides intelligence and analysis to its members and offers policy expertise to lawmakers and the general public.

Wednesday, April 24, 2019
Global Benefits Committee Presentation (April 2019): Financial Wellness Communications Plan (Comcast)
Global Benefits Committee Presentation (April 2019): Financial Wellness Communications Plan (Comcast)
Wednesday, April 24, 2019
Global Benefits Committee Presentation (April 2019): Current EU Developments in ESG factors in Investment by Pension Funds
Global Benefits Committee Presentation (April 2019): Current EU Developments in ESG factors in Investment by Pension Funds
Wednesday, April 24, 2019
Global Benefits Committee Presentation (April 2019): Global Benefits Governance and Operations (Aon)
Global Benefits Committee Presentation (April 2019): Global Benefits Governance and Operations (Aon)
Friday, April 19, 2019
IRS Revenue Procedure 2019-19: Revisions to Employee Plans Compliance Resolution System (EPCRS)
Revenue Procedure 2019-19 modifies and supersedes Rev. Proc. 2018-52, 2018-42 I.R.B. 611, which sets forth the Employee Plans Compliance Resolution System ("EPCRS"), a comprehensive system of correction programs administered by the Employee Plans Division (TE/GE) for sponsors of retirement plans that have failed to satisfy certain requirements under § 401(a), 403(a), 403(b), 408(k), or 408(p) of the Code. EPCRS generally permits plan sponsors to correct these failures and thereby continue to provide their employees with retirement benefits on a tax-favored basis. The components of EPCRS are the Self-Correction Program ("SCP"), the Voluntary Correction Program ("VCP"), and the Audit Closing Agreement Program ("Audit CAP"). Under SCP, a plan sponsor that has established compliance practices and procedures may self-correct certain plan failures without submitting the correction to the IRS for approval and without paying any fee or sanction to the IRS.
Thursday, April 18, 2019
Global Benefits Governance and Operations Study 2018/19
This American Benefits Institute/Aon plc study of over 200 multinational companies from around the world asked global compensation and benefits leaders for their views of on best practice in global benefits management. Key issues explored included what companies can do to improve alignment of benefits with organizational strategy and how they can better manage the costs and risks of global benefits.
Thursday, April 18, 2019
Aon, American Benefits Institute study sees progress on global benefits governance
WASHINGTON, DC – The American Benefits Institute (the American Benefits Council's education and research affiliate) and Aon plc have released the Global Benefits Governance and Operations Study 2018/19. The latest survey – the third since 2012 – shows that companies worldwide are making progress with global governance of employee benefits, although nearly all of them still believe that more can be done.
Monday, April 8, 2019
Council Letter to HHS Regarding Prescription Drug Rebates and Safe Harbors
We write on behalf of the American Benefits Council ("Council") to provide comment in connection with the Fraud and Abuse; Removal of Safe Harbor Protection for Rebates Involving Prescription Pharmaceuticals and Creation of New Safe Harbor Protection for Certain Point-of-Sale Reductions in Price on Prescription Pharmaceuticals and Certain Pharmacy Benefit Manager Service Fees Proposed Rule ("Proposed Rule") published in the Federal Register on February 6, 2019, by the Office of Inspector General (OIG), Department of Health and Human Services (HHS) (84 Fed. Reg. 2340).
Tuesday, April 2, 2019
Substitute Amendment to the Setting Every Community up for Retirement Enhancement (SECURE) Act, As Considered by House Ways and Means Committee
Substitute Amendment to the Setting Every Community up for Retirement Enhancement (SECURE) Act, As Considered by House Ways and Means Committee
Tuesday, April 2, 2019
Section-by-Section Summary of the Retirement Enhancement and Savings Act (RESA)
Section-by-Section Summary of the Retirement Enhancement and Savings Act (RESA)
Tuesday, April 2, 2019
Council Letter Supporting SECURE Act Retirement Legislation
Council Letter Supporting SECURE Act Retirement Legislation
Tuesday, April 2, 2019
Group Letter to House Education and Labor HELP Subcommittee on Surprise Billing
Group Letter to House Education and Labor HELP Subcommittee on Surprise Billing
Tuesday, April 2, 2019
Addressing 'surprise' medical billing a critical component of lowering health care costs
As we testified before the U.S. House of Representatives Education and Labor Subcommittee on Health, Employment, Labor and Pensions on April 2, policymakers should prohibit balance-billing patients for emergency services "in a manner that protects patients without undermining access to high-quality, high-value networks or increasing health care costs for individuals and employers."
Tuesday, April 2, 2019
Council Comments on Interim Guidance under Section 4960 (Notice 2019-09)
The American Benefits Council ("the Council") appreciates the opportunity to submit comments on Notice 2019-09, which provides interim guidance on the excise tax imposed on excess compensation paid by tax-exempt organizations under new Internal Revenue Code Section 4960. As discussed below, we are writing to ask the Treasury Department and the Internal Revenue Service (IRS) to clarify that an applicable tax-exempt organization (ATEO) will not be subject to the excise tax imposed by Section 4960 with respect to officers who serve in a solely volunteer capacity with the organization.
Monday, April 1, 2019
Summary of the Setting Every Community Up for Retirement Enhancement (SECURE) Act, as Approved by the House Ways and Means Committee
Summary of the Setting Every Community Up for Retirement Enhancement (SECURE) Act to be Considered by the House Ways and Means Committee
Friday, March 29, 2019
The Setting Every Community up for Retirement Enhancement (SECURE) Act
The Setting Every Community up for Retirement Enhancement (SECURE) Act
Friday, March 29, 2019
Section-by-Section Summary of the Setting Every Community up for Retirement Enhancement (SECURE) Act
Section-by-Section Summary of the Setting Every Community up for Retirement Enhancement (SECURE) Act
Tuesday, March 19, 2019
Benefits Briefing Webinar: Proposed HHS Prescription Drug Rebate Rule and Similar Proposed Legislation for Private Health Coverage
The American Benefits Council will hold a Benefits Briefing webinar on Tuesday, March 19, at 2:00 to 3:15 p.m. Eastern Time to discuss U.S. Department of Health and Human Services (HHS) proposed regulations that would change safe harbor protections for prescription drug rebates to encourage discounts to the patient at the point of sale. Legislation that would apply similar rules to private health insurance has recently been introduced.
Tuesday, March 19, 2019
Benefits Briefing Presentation Slides: Prescription Drug Rebate Proposals (Courtesy of Groom Law Group)
Benefits Briefing Presentation Slides: Prescription Drug Rebate Proposals (Courtesy of Groom Law Group)
Wednesday, March 13, 2019
State-Run Retirement Arrangements That Could Result in Mandates Imposed on Current Plan Sponsors (Courtesy of Davis & Harman LLP)
State-Run Retirement Arrangements That Could Result in Mandates Imposed on Current Plan Sponsors
Wednesday, March 6, 2019
Council applauds introduction of Senate bill to eliminate 'Cadillac Tax'
WASHINGTON, DC – "The so-called 'Cadillac Tax' is a scourge on employer-provided health insurance and needs to be repealed," said American Benefits Council President James A. Klein upon the introduction of the bipartisan Middle Class Health Benefits Tax Repeal Act (S. 684), the Senate companion to an identical measure proposed in the U.S. House of Representatives.