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DOL/EBSA RIN: 1210-AB76 Publication ID: Spring 2017 
Title: Savings Arrangements Established by States and Qualified Political Subdivisions for Non-Governmental Employees 
Abstract:

On August 30, 2016, the Department published a safe harbor regulation (29 CFR 2510.3-2(h)) that describes how states may design and operate payroll deduction savings programs, using automatic enrollment, for private-sector employees without causing the states or private-sector employers to establish employee pension benefit plans under the Employee Retirement Income Security Act of 1974 (81 FR 59464).  On December 20, 2016, the Department expanded the safe harbor regulation to cover programs of certain political subdivisions of states that otherwise comply with the current regulation (81 FR 92639).  The safe harbor was made to have no force or effect by enacted joint resolutions of disapproval under the Congressional Review Act.  H.J. Res. 67, Pub. L. 115-24 (April 13, 2017); H.J. Res. 66, Public Law 115-35 (May 17, 2017).

 
Agency: Department of Labor(DOL)  Priority: Other Significant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 29 CFR 2510.3-2   
Legal Authority: 29 U.S.C. 1135 (ERISA sec 505)    29 U.S.C. 1002 (ERISA sec 3(2))   
Legal Deadline:  None

Statement of Need:

Summary of the Legal Basis:

Alternatives:

Anticipated Costs and Benefits:

Risks:

Timetable:
Action Date FR Cite
NPRM  08/30/2016  81 FR 59581   
NPRM Comment Period End  09/29/2016 
Final Rule  12/20/2016  81 FR 92639   
Final Rule Effective  01/19/2017 
Final Rule; CRA Revocation  06/28/2017  82 FR 29236   
Final Rule; CRA Revocation Effective  06/28/2017 
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Federalism: No 
Included in the Regulatory Plan: Yes 
RIN Data Printed in the FR: No 
Related RINs: Previously reported as 1210-AB71 
Agency Contact:
Jeffrey J. Turner
Deputy Director, Office of Regulations and Interpretations
Department of Labor
Employee Benefits Security Administration
Room N5669, 200 Constitution Avenue NW, FP Building, Room N-5655,
Washington, DC 20210
Phone:202 693-8500