The Council recently filed an amicus brief in Doherty v. Bristol Myers Squibb (BMS) to support typical pension risk transfer practices.

DOL has adopted a new self-correction process for retirement plan fiduciaries, streamlining compliance for plan sponsors while maintaining key oversight requirements.

Statutory flexibility for Health Savings Account (HSA)-eligible high-deductible employer-sponsored health plans to offer telehealth coverage pre-deductible expired at the end of 2024.

In the final days of the Biden administration, the tri-agencies issued helpful guidance addressing some outstanding questions regarding the “gag clause” prohibition enacted under the CAA and regarding various provisions of the No Surprises Act.

On his first day in office, President Trump issued a regulatory freeze at federal agencies, which has prevented two retirement rules from proceeding and could slow down agency activity on other matters.

In the last week of the Biden administration, recently proposed rules were withdrawn that would have required health plans to cover, without cost-sharing, OTC contraceptives.  

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.

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.

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.

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.

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.

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