October 31, 2023—ICI President and CEO Eric Pan released the following statement regarding the Department of Labor's (DOL) proposed rule updating the definition of an investment advice fiduciary under the Employee Retirement Income Security Act (ERISA)...
ICI and BrightScope, an ISS Market Intelligence business, released their new report The BrightScope/ICI Defined Contribution Plan Profile: A Close Look at ERISA 403(b) Plans, 2019. The report found that the wide array of nonprofits that sponsor 403(b) plans design their plans to...
On November 19, the ERISA Advisory Council (the "Council") held a virtual meeting to present its recommendations to the Department of Labor's (DOL) Employee Benefits Security Administration (EBSA) on its topics of study for 2021.
Filed Electronically February 3, 2021 Internal Revenue Service Attn: CC:PA:LPD:PR (Notice 2020-80) Room 5203 P.O. Box 7604 Ben Franklin Station Washington, DC 20044 Re: Protection of Annuity and Spousal Rights Under ERISA Section 205 with Respect to a Terminating 403(b) Plan Funded...
Four-Fifths of Large ERISA 403(b) Plans Had Employer Contributions New BrightScope/ICI research also shows 403(b) plans offer employees a wide variety of investment options Washington, DC; January 21, 2021—Four-fifths of large 403(b) plans subject to the Employee Retirement Income...
[33043] January 14, 2021 TO: ICI Members Bank, Trust and Retirement Advisory Committee Pension Committee Pension Operations Advisory Committee TAAC Abandoned Property Task Force Transfer Agent Advisory Committee SUBJECTS: Abandoned Property and Escheatment Pension RE: DOL Issues New...
