AMERICAN BENEFITS COUNCIL

RET · Retirement

ERISA Preemption Technical glitch in HR 1 that applied an unintended 21% excise tax on any company that sponsors a retirement plan, VEBA or sponsors a controlled charity Technical corrections to SECURE 2.0 Collective investment trusts and insurance company separate accounts for use by 403(b) plans; Retirement Fairness for Charities and Educational Institutions, (HR 1013) Age of required participation in retirement plans reduced from 21 to 18, (S. 1707) Automatic re-enrollment of unenrolled plan participants permitted by (S. 1831) EBSA Investigations Transparency Act (HR 2869) Transparency for Secret Litigation Agreements (HR 2958) Common Interest Agreements used by the U.S. DOL Pleading standards legislative proposal regarding applicable to ERISA cases Defined benefit pension plans and defined contribution plans; pension plan de-risking, retiree health accounts Required Roth catch-up contributions and Roth optional matching and non-elective contributions guidance Pension Benefit Guaranty Corporation (PBGC) premiums and due date for premiums in 2025 Student loans and Employer Participation in Repayment Act (S. 772 / HR 1801)

Literal federal measure citations: HR 1, HR 1013, S. 1707, S. 1831, HR 2869, HR 2958, S. 772, HR 1801

HCR · Health Issues

ERISA preemption Tax treatment of employer-sponsored health benefit plans; budget reconciliation Health care cost transparency, prescription drugs, PBM pricing and transparency and hospital cost transparency End-stage renal disease and Medicare secondary payer standards Hospital consolidation and billing practices, site neutral payment reform; Healthy Competition for Better Care Act Health Savings Accounts and High-Deductible Health Plans Telehealth Expansion Act (HR 1650 / S. 763 - 119th Congress) Mental health parity rules applicable to private employer-sponsored health plans Voluntary Employee Beneficiary Associations (VEBAs) 340B Prescription Drug Program Chronic Disease Flexible Coverage Act (HR 919 - 119th Congress) Surprise Medical Billing Paid leave; draft interstate Paid Leave Action Network Act, Family Leave Public-Private Partnership Act

Literal federal measure citations: HR 1650, S. 763, HR 919