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- Title
The Role of Benefits Legislation in Shaping the Future: A Perspective.
- Authors
Steinberg, Allen T.
- Abstract
As much as we may dislike the mandates, rules and obligations Congress imposes on employers and their advisors, members of the benefits community often look to Congress to "fix" things-such as addressing gaps faced by employees and challenges faced by employers. This article argues for realistic expectations of the role of benefits legislation versus employer action in shaping the future. The author reviews past legislation that has facilitated employer provision of employee benefits and where legislation has fallen short of expectations. He urges a balanced perspective on the role of legislation and of the benefits community in addressing current and future challenges.
- Subjects
UNITED States; INVESTMENT advisors; EMPLOYERS; EMPLOYEE benefit laws; INDIVIDUAL retirement accounts; FIDUCIARY agencies; PATIENT Protection &; Affordable Care Act; GOVERNMENT policy
- Publication
Benefits Quarterly, 2016, Vol 32, Issue 3, p8
- ISSN
8756-1263
- Publication type
Article