Safe Harbors for State Run Retirement Plans
Published on:
January 19, 2016
Issue:
SIFMA provides comments regarding the Department of Labor’s (DOL) proposed regulation under the Employee Retirement Income Security Act of 1974, as amended, (ERISA) describing circumstances in which a payroll deduction savings program, including one with automatic enrollment, would be eligible for a safe harbor and not be considered an employee pension benefit plan under ERISA.
See also:
Savings Arrangements Established by States for Non-Governmental Employees