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The Treasury and Labor officials will work with HHS officials on everything from drug costs to surprise billing.

The Department of Labor is providing a sneak peek at Form 5500, which includes revisions to codes for pension-linked emergency savings accounts.

The DOL has “shared information with class action law firms to give them a leg up in federal litigation,” House Committee Chair Rep. Virginia Foxx wrote to the DOL’s Inspector General.

Below is a summary of provisions relevant to employers and their retirement plans that will become effective in 2025.

The ERISA Industry Committee wonders what will happen if the federal rules change.

There’s a push by Congress to pass a bill to allow CITs – tax-exempt, pooled investment vehicles similar to mutual funds – in 403(b) plans, but investor advocacy groups oppose the bill. But now, the American Retirement Association is strongly advocating for its passage.

Supporters say it can help the members free themselves from state requirements that drive up the costs, while opponents argue that the arrangements will weaken the fully insured market, by luring away the healthiest individuals and groups.

The requirement is part of the state's new pharmacy benefit manager market conduct standards, aimed at enhancing transparency and boosting competition.