Using comment letters and testimony, ASPPA Government Affairs responds to new legislation, proposed changes to existing regulations, and proposed new regulations. Any action that would change existing pension policy or affect the work of pension professionals is the object of ASPPA comments from Government Affairs. In its role of closely monitoring legislative and regulatory actions, ASPPA Government Affairs directs its comments and testimony to appropriate agencies, clearly reflecting the stance of ASPPA and its members.

Read Most Recent Testimony:

On September 15, 2011, Judy Miller, MSPA, ASPPA’s Director of Retirement Policy, testified before the U.S. Senate Finance Committee at a hearing regarding Tax Reform Options: Promoting Retirement Security. [Written Testimony] [Oral Testimony]

On September 1, 2011, Richard Carpenter, testified on behalf of ASPPA at an Advisory Council on Employee Welfare and Pension Benefit Plans hearing on data security and privacy issues. ASPPA filed a statement for the record with the Council that addressed these issues. [Statement]

On July 21, 2011, Kristi Cook, JD, TGPC, testified on behalf of ASPPA and NTSAA at an Advisory Council on Employee Welfare and Pension Benefit Plans hearing on 403(b) plans. ASPPA and NTSAA filed a statement for the record with the Council that addressed: (1) differences between 403(b) plans and 401(a) qualified plans; (2) the safe harbor exclusion under Title I of ERISA; (3) challenges for disclosure of fees and services under section 408(b)(2) of ERISA for 403(b) plans; (4) 403(b) plan termination and handling of custodial mutual fund accounts; and (5) audit issues and financial statements. [Statement for the Record]