Retirement: DC Plan/401(k) Reform

(Items in italic are available only to Council members.)

Official Source Documents December 3, 2009 — Lifetime Income Disclosure Act (S. 2832) November 20, 2009 — Sensible Transparency for Retirement Plans Act (Kline) October 26, 2009 — GAO Report, Retirement Savings: Automatic Enrollment Shows Promise for Some Workers, but Proposals to Broaden Retirement Savings for Other Workers Could Face Challenges September 30, 2009 — GAO Report, Retirement Savings: Better Information and Sponsor Guidance Could Improve Oversight and Reduce Fees for Participants September 29, 2009 — GAO Report to Senate Aging Committee on “401(k) Plans: Policy Changes Could Reduce the Long-term Effects of Leakage on Workers’ Retirement Savings” July 31, 2009 — Education and Labor Committee Report of the 401(k) Fair Disclosure and Pension Security Act (H.R. 2989) June 24, 2009 — Education and Labor Amendment in the Nature of a Substitute to H.R. 2989 (Miller) June 17, 2009 — Education and Labor HELP Subcommittee Chairman's Substitute to the 401(k) Fair Disclosure for Retirement Security Act (H.R. 1984) June 9, 2009 — Defined Contribution Plan Fee Transparency Act (H.R. 2779) (Neal) June 9, 2009 — Official Summary of Defined Contribution Plan Fee Transparency Act (H.R. 2779) June 9, 2009 — Revisions to Prior Version of Defined Contribution Plan Fee Transparency Act April 22, 2009 — DOL Letter to Miller/Andrews Regarding 401(k) Fair Disclosure for Retirement Security Act April 22, 2009 — 401(k) Fair Disclosure for Retirement Security Act (Miller) April 22, 2009 — Official One-Page Summary of 401(k) Fair Disclosure for Retirement Security Act (Miller) April 16, 2009 — DOL Letter to Senate Aging Chair Kohl on Target Date Review and Regulation February 10, 2009 — The Defined Contribution Fee Disclosure Act (S. 401) October 28, 2008 — CRS Report for Congress: Individual Retirement Accounts and 401(k) Plans: Early Withdrawals and Required Distributions August 15, 2008 — GAO Report: Private Pensions: Fulfilling Fiduciary Obligations Can Present Challenges for 401(k) Plan Sponsors July 31, 2008 — 401(k) Plan Debit Card Bill (H.R. 6708)(Foster/Pomeroy) July 17, 2008 — 401(k) Plan Debit Card Bill (S. 3278)(Schumer) April 16, 2008 — Rep. Andrews Amendment to H.R. 3185 April 16, 2008 — Fair Disclosure for Retirement Security Act (H.R. 3185)(Miller), as Considered by House Education and Labor Committee December 13, 2007 — Defined Contribution Fee Disclosure Act (Kohl/Harkin) December 11, 2007 — GAO Report: PRIVATE PENSIONS: Low Defined Contribution Plan Savings May Pose Challenges to Retirement Security, Especially for Many Low-Income Workers October 4, 2007 — Defined Contribution Plan Fee Transparency Act (H.R. 3765) (Neal) October 4, 2007 — Summary of The Defined Contribution Plan Fee Transparency Act (Neal) July 26, 2007 — Fair Disclosure for Retirement Security Act (H.R. 3185)(Miller) July 26, 2007 — Official Summary Fair Disclosure for Retirement Security Act (H.R. 3185)(Miller) April 24, 2007 — DOL/EBSA Request for Information on Fee and Expense Disclosures to Participants in Individual Account Plans December 13, 2006 — Congressional Democrats' Letter to DOL Regarding Defined Contribution Plans November 30, 2006 — GAO report on Changes Needed to Provide 401(k) Plan Participants and DOL with Better Information on Fees August 3, 2006 — Senate summary of HR 4 July 14, 2006 — Next Generation Retirement Savings Proposals (Gordon Smith (R-OR)/Kent Conrad (D-ND)) March 16, 2006 — Savings Competitiveness Act (S. 2431)(Baucus) March 16, 2006 — Official Summary of Savings Competitiveness Act (S. 2431)(Baucus) March 16, 2006 — Letter from Senator Gordon Smith to Senate Finance Committee regarding Automatic Enrollment and Other Provisions in Retirement Bill Conference March 8, 2006 — Joint Committee on Tax side-by-side of pension bills

Council Materials May 21, 2010 — Preliminary Report on Key Elements of Defined Contribution Plan Fee Disclosure Provisions of the American Jobs and Closing Tax Loopholes Act (Prepared by Davis & Harman LLP) November 23, 2009 — Council Summary of the Sensible Transparency for Retirement Plans Act (Kline) July 29, 2009 — Side-by-Side Comparison Chart of Defined Contribution Plan Legislation (Courtesy of Davis & Harman LLP) June 5, 2009 — Council Proposed Modifications to 401(k) Fair Disclosure for Retirement Security Act (H.R. 1984) April 22, 2009 — Robert Chambers' Testimony Regarding 401(k) Disclosure Before the Subcommittee on Health, Education, Labor, and Pensions of the House Education and Labor Committee February 24, 2009 — Council Statement for Record in House Education and Labor Hearing on Strengthening Worker Retirement Security February 17, 2009 — Defined Contribution Plans: A Successful Cornerstone of Our Nation’s Retirement System February 17, 2009 — Short Summary of Defined Contribution Plans: A Successful Cornerstone of Our Nation’s Retirement System December 19, 2008 — Congressional Letter to President Bush Urging RMD Relief for 2008 October 1, 2008 — Council Statement for the Senate HELP Committee Hearing on 401(k) Fee Disclosure April 17, 2008 — Council Summary of the House Education and Labor Committee’s Consideration of H.R. 3185 April 16, 2008 — Council Letter to Rep. George Miller Regarding H.R. 3185 April 14, 2008 — Myths and Facts Regarding 401(k) Plan Fees November 12, 2007 — Council Chart Summarizing Defined Contribution Plan Fee Disclosure Legislation (prepared by the Benefits Group of Davis & Harman) October 30, 2007 — Testimony of Allison Klausner (Honeywell) on Behalf of the American Benefits Council before the House Ways and Means Committee Hearing on 401(k) Fees October 26, 2007 — Council Talking Points on 401(k) Plan Fees October 24, 2007 — Testimony of Robert G. Chambers on Behalf of the American Benefits Council before the Senate Special Committee on Aging Hearing on 401(k) Fees October 4, 2007 —Council/ACLI/ICI Statement for the Record for the House Education and Labor Hearing on H.R. 3185 August 29, 2007 —Council Chart Summarizing the 401(k) Fair Disclosure for Retirement Security Act of 2007 (H.R. 3185) (prepared by the Benefits Group of Davis & Harman) July 26, 2007 — Council Fast Facts on 401(k) Plans 401(k) plan statistics Defined contribution plan fees Financial literacy and investment education Automatic enrollment The difference between 401(k) plans and IRAs March 6, 2007 — Testimony of Robert G. Chambers on Behalf of the American Benefits Council Before the House Education and Labor Committee Hearing on 401(k) Fees February 8, 2007 — Chart of Pension Protection Act Provisions Affecting DC Plans (Courtesy of Davis & Harman LLP) January 12, 2007 — Defined Contribution Plan Fee Issues Talking Points July 17, 2006 — Council Letter to Congress Regarding EGTRRA Permanency June 23, 2006 — Group Advertisement on EGTRRA Permanence in Pension Bill June 22, 2006 — Chart of Major EGTRRA Provisions in House Pension Reform Bill June 16, 2006 — Coalition diversification letter to Congress June 16, 2006 — Coalition miscellaneous DC issues and technical corrections document June 13, 2006 — Coalition defined contribution plan issues in pension reform legislation May 17, 2006 — Defined Contribution Plan Issues in Pension Reform Legislation April 12, 2006 — Retirement Savings Permanence Bulletin No. 3: Matching Contribution Vesting April 7, 2006 — Cover Memo for Employers to Employees or other Individuals Urging EGTRRA Permanence April 3, 2006 — Cover Memo for Service Providers to Clients Urging EGTRRA Permanence March 28, 2006 — Retirement Savings Permanence Bulletin No. 2: Increased Limits March 17, 2006 — Retirement Savings Permanence Bulletin No. 1: Simplification for Plan Administration March 15, 2006 — ACTION ALERT: Urge inclusion of 2001 tax bill's retirement savings provisions in pension legislation March 14, 2006 — Group Letter to Senate Regarding EGTRRA Permanency February 6, 2006 — Council Talking Points on Automatic Enrollment February 1, 2006 — Council Side by Side Chart Comparing Defined Contribution Provisions of Retirement Bills (H.R. 2830/S. 1783), Administration Proposals and Current Law January 26, 2006 — Council Analysis of Proposed Treasury Regulations on Designated Roth Accounts January 25, 2006 — Council Side-by-Side Chart Comparing Retirement Bills (H.R. 2830/S. 1783), Administration Proposals and Current Law January 23, 2006 — Council Talking Points on EGTRRA Permanence

Official Source Documents August 31, 2010 — Comments of Congressional Chairmen to DOL/EBSA Regarding Interim Final Regulations on ERISA Section 408(b)(2) Fee Disclosure Requirements July 16, 2010 — DOL Interim Final Regulations on ERISA Section 408(b)(2) Fee Disclosure Requirements July 16, 2010 — DOL Fact Sheet on Interim Final Regulations on ERISA Section 408(b)(2) Fee Disclosure Requirements July 16, 2010 — DOL Delinquent Service Provider Class Exemption Model Notice in Conjunction with Interim Final Regulations on ERISA Section 408(b)(2) Fee Disclosure Requirements May 18, 2010 — IRS Final Regulations on Diversification Requirements for Certain Defined Contribution Plans May 18, 2009 — IRS Proposed Regulations on Suspension or Reduction of Safe Harbor Nonelective Contributions May 17, 2010 — IRS 401(k) Compliance Check Questionnaire (Paper Copy) February 23, 2009 — Treasury/IRS Final Automatic Contribution Arrangement (QACA/EACA) Regulations February 19, 2009 — DOL/EBSA ERISA Advisory Council Report on The Spend Down Of Defined Contribution Assets At Retirement December 19, 2008 — Treasury Letter to Congress Regarding 2008 Required Minimum Distribution Relief July 22, 2008 — DOL Fact Sheet on Proposed Fee & Expense Disclosure Regulations July 22, 2008 — DOL Model Comparative Chart for Proposed Fee & Expense Disclosure Regulations July 22, 2008 — DOL Proposed Regulations on Defined Contribution Plan Participant Fee Disclosure April 29, 2008 — DOL FAB 2008-3: Guidance Regarding Qualified Default Investment Alternatives April 29, 2008 — DOL Fact Sheet Regarding Qualified Default Investment Alternatives April 29, 2008 — Corrections to DOL Proposed Regulations on Qualified Default Investment Alternatives February 14, 2008 — Congressional Comment Letter to DOL on Proposed 408(b)(2) Regulations December 19, 2007 — IRS Notice 2008-07: Guidance on Diversification Rules under Code Section 401(a)(35) December 12, 2007 — DOL Fact Sheet on ERISA Section 408(b)(2) Guidance December 12, 2007 — DOL Proposed Regulations on ERISA Section 408(b)(2) Fee Disclosure Requirements December 12, 2007 — DOL Proposed Class Exemption for Plan Fiduciaries Failing to Meet ERISA Section 408(b)(2) Fee Disclosure Requirements November 15, 2007 — IRS Sample Notice for Automatic Enrollment November 7, 2007 — Treasury/IRS Proposed Regulations on Automatic Enrollment October 23, 2007 — DOL Qualified Default Investment Alternatives under Participant Directed Individual Account Plans October 23, 2007 — DOL Fact Sheet on Qualified Default Investment Alternatives under Participant Directed Individual Account Plans June 1, 2007 — IRS Announcement 2007-59: Guidance for Employers Concerned About Certain Mid-Year Changes April 27, 2007 — Treasury/IRS Final Roth 401(k)/403(b) Distribution Regulations April 24, 2007 — DOL/EBSA Request for Information on Fee and Expense Disclosures to Participants in Individual Account Plans December 19, 2006 — Bipartisan Letter from House members to DOL on default investment guidance November 30, 2006 — IRS Notice 2006-107 Diversification Requirements for Qualified Defined Contribution Plans Holding Publicly Traded Employer Securities September 26, 2006 — DOL Proposed Regulations on Default Investment Guidance June 28, 2006 — GAO Questions for American Benefits Council Members on 401(k) Plan Fees June 6, 2006 — DOL Model 401(k) Plan Fee Disclosure January 25, 2006 — IRS Proposed Regulations on Designated Roth Accounts Under Section 402A	Council Materials August 26, 2010 — Council Comments to DOL/EBSA Regarding Interim Final Regulations on ERISA Section 408(b)(2) Fee Disclosure Requirements July 16, 2010 — Summary of DOL Interim Final Regulations on Plan Service Provider Fee Disclosure (Prepared by Davis & Harman LLP) July 15, 2010 — Preliminary Council Summary of DOL Final Regulations on ERISA Section 408(b)(2) Fee Disclosure Requirements June 1, 2010 — Follow Up Letter Regarding Interpretive Issue Under Notice 2009-68 Partial Rollovers March 30, 2010 — Groom Law Group Memo: Allocating "Basis" in Partial and Split Rollovers — Can We Still Rely on Code Section 402(c)(2)? October 26, 2009 — Council Letter to IRS Regarding Partial Rollovers under Notice 2009-68 August 14, 2009 — Council/SHRM Comment Letter to IRS on Proposed Regulations on Suspension or Reduction of Safe Harbor Nonelective Contributions February 6, 2009 — Council Request for Guidance on Minimum Required Distribution Waivers September 24, 2008 — Group Letter to DOL Regarding Effective Date of 408(b)(2) Regulations September 10, 2008 — Testimony of Allison Klausner (Honeywell International Inc.) on Behalf of the American Benefits Council Before the ERISA Advisory Council Working Group on Spend Down of Defined Contribution Assets at Retirement September 8, 2008 — Council Comment Letter to DOL on Proposed Defined Contribution Plan Participant Fee Disclosure Regulations July 23, 2008 — Summary of DOL Proposed Fee & Expense Disclosure Regulations (Prepared by Davis & Harman LLP) May 19, 2008 — Council Testimony Before IRS Regarding Automatic Contributions April 29, 2008 — Council-ICI Comment Letter on Participant Contribution Regulation Safe Harbor April 2, 2008 — Council Comment Letter to IRS Regarding Diversification Requirements for Defined Contribution Plans March 31, 2008 — Testimony of Robert Chambers (Helms, Mullis & Wicker) on Behalf of the American Benefits Council before the U.S. Department of Labor Hearing on Proposed 408(b)(2) Regulations February 11, 2008 — Council comment letter to DOL regarding 408(b)(2) proposed regulations February 6, 2008 — Council Comment Letter to IRS Regarding Proposed Automatic Enrollment Regulations December 17, 2007 — Council Preliminary Comments to IRS on Automatic Enrollment Guidance December 14, 2007 — Council Summary: DOL Proposed 408(b)(2) Regulations on Fee Disclosure December 5, 2007 — Council Comment Letter Regarding Follow-Up Guidance on Final Default Investment Regulations September 20, 2007 — Testimony of Allison Klausner (Honeywell International Inc.) on Behalf of the American Benefits Council Before the ERISA Advisory Council Working Group on Revenue Sharing July 24, 2007 — Inter-Trade Group Letter to DOL Regarding 401(k) Plan Fees July 23, 2007 — Council comment letter to DOL concerning 401(k) fee disclosure request for information March 16, 2007 — Council comment letter on IRS Notice 2006-107 on diversification requirements for DC plans holding publicly traded securities February 8, 2007 — Chart of Pension Protection Act Provisions Affecting DC Plans (Courtesy of Davis & Harman LLP) December 22, 2006 — Group Submission to DOL of Defined Contribution Fee Glossary December 22, 2006 — Group Submission to DOL of Defined Contribution Fee Introductory Questions and Answers October 31, 2006 — List of Guidance and Technical Correction Issues for Employee Stock Diversification Provisions October 31, 2006 — Updated List of Guidance and Technical Correction Issues for Defined Contribution Plans November 13, 2006 — Council Comments to DOL Regarding Proposed Default Investment Regulations August 3, 2006 — Group Letter and Chart to DOL/EBSA Regarding 408(b)(2) Project on Fee Disclosure July 26, 2006 — Council testimony before the IRS on Roth 401(k)/403(b) accounts April 26, 2006 — Council Comment Letter to IRS on Designated Roth Accounts under Section 402A
Official Source Documents April 26, 2010 — District Court for the Eastern District of Pennsylvania Dismissal of Renfro v. Unisys January 27, 2010 — District Court for the Northern District of Illinois Dismissal of George, et al. v. Kraft Foods Global December 21, 2009 — Third Circuit Appeals Court Decision in re: Schering-Plough ERISA Litigation December 9, 2009 — District Court for the Northern District of Illinois (Eastern Division) Opinion in Loomis v. Exelon November 25, 2009 — Eighth Circuit Appeals Court Opinion in Braden v. Wal-Mart, et al August 31, 2009 — United States District Court Southern District of New York Decision In Re Citigroup ERISA Litigation June 24, 2009 — Seventh Circuit Court Denial of Rehearing in Hecker v. Deere & Co. May 6, 2009 — Second Circuit Court of Appeals Summary Order of Dismissal in Young et al v. General Motors Investment Management Corp. March 20, 2009 — DOL Amicus Brief in Hecker v. Deere February 12, 2009 — Seventh Circuit Court Opinion in Hecker v. Deere July 25, 2008 — DOL Amicus Brief in Young et al v. General Motors Investment Management Corp., Second Circuit Court of Appeals February 20, 2008 — U.S. Supreme Court Decision in LaRue v. DeWolff June 21, 2007 — District Court Order Granting Motion to Dismiss in Hecker et al v. Deere & Company/Fidelity December 8, 2006—Hecker et al v. Deere & Company/Fidelity (WI Western District) November 8, 2006—Ruppert et al v. Principal Life Insurance Co. (IL Southern District) November 3, 2006 — Taylor et al v. United Technologies Corporation et al (District of Connecticut 3:06-cv-01494-WWE 09/22/06) September 28, 2006 — Spano v. Boeing (IL Southern District 3:2006cv00743) September 22, 2006 — Waldbuesser et al v. Northrop Grumman Corporation et al (IL Northern District 1:2006cv04897 09/11/2006 791) September 11, 2006 — Kanawi et al v. Bechtel Corporation (CA Northern District 3:2006cv05566) September 11, 2006 — Taylor et al v. United Technologies et al (Northern Illinois District 06cv4895) September 11, 2006 — Will et al v. General Dynamics Corporation et al (IL Southern District 3:2006cv00698 09/11/2006 791) September 11, 2006 — Abbott et al v. Lockheed Martin Corporation et al (IL Southern District 3:2006cv00701 09/11/2006 791) September 11, 2006 — Beesley et al v. International Paper Company et al (IL Southern District 3:2006cv00703 09/11/2006 791) September 11, 2006 — Martin et al v. Caterpillar, Inc. et al (Missouri Western District 2:2006cv04208 09/11/2006 791) September 11, 2006 — Loomis et al v. Exelon Corporation et al (IL Northern District 1:2006cv04900 09/11/2006 791)	Council Materials April 21, 2010 — Presentation Slides: Recent Plan Litigation and the Impact on Legislative, Regulatory and Plan Sponsor Activity (Courtesy of Schiff Hardin LLP) April 15, 2009 — Amicus Brief in Braden v. Wal-Mart July 25, 2008 — Council Amicus Brief in Young et al v. General Motors Investment Management Corp., Second Circuit Court of Appeals June 2, 2008 — Updated Chart Comparing Recent 401(k) Plan Fee Litigation (Courtesy of Davis & Harman) May 9, 2008 — Council Amicus Brief in Hecker et al v. Deere & Company/Fidelity September 21, 2007 — Updated Chart Comparing Recent 401(k) Plan Fee Litigation (Courtesy of Davis & Harman) December 29, 2006 — Kennedy et al v. ABB, Inc./Fidelity (MO Western District) October 30, 2006 — Employee Relations Law Journal: Interpreting Section 502(a)(2) of ERISA with Respect to Individual Account Plans (Courtesy of Bill Scogland, Employee Relations Law Journal and Aspen Publishers)
February 26, 2009 — Council examines Obama budget proposals September 15, 2008 — Miller & Chevalier and the American Benefits Council announce results of corporate health care policy survey July 16, 2007 — Council experts to brief media on importance of 401k plans August 16, 2006 — President to sign pension reform legislation; Council experts available to comment August 9, 2006 — Council and others submit defined contribution fee disclosure letter to DOL July 29, 2006 — Council experts available to comment on pension reform legislation
Pension Reform · Savings Initiatives · Cash Balance Plans