Bipartisan legislation has been introduced in the U.S. House of Representatives that would allow employers to modernize how they communicate retirement benefits information to employees.
The Receiving Electronic Statements to Improve Retiree Earnings Act would permit sponsors to send plan documents and disclosures to employees via email.
Reps. Phil Roe, R-Tennessee, Mike Kelly, R-Pennsylvania, Jared Polis, D-Colorado, and Ron Kind, D-Wisconsin introduced the legislation, which was referred to the Committee on Education and Workforce.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
