CIEBA, the Committee on Investment of Employee Benefit Assets, represents 115 of the country's largest pension funds. Its members manage more than $2 trillion of defined benefit and defined contribution plan assets on behalf of more than 17 million plan participants and beneficiaries. As the largest organization of corporate pension investment officers, CIEBA represents the interests of employee benefit plan sponsors before legislators, Congress, regulators, and the media. Click here to learn more. 

CIEBA Files Amicus Curiae on Supreme Court ERISA case, Hughes v. Northwestern.  

CIEBA felt strongly that the case, which deals with the appropriate standard for an ERISA plaintiff’s claim to survive the pleadings stage, was important enough to CIEBA Members to warrant having CIEBA weigh in directly by name. Essentially, we made the point in the Brief that there should be meaningful pleading-stage scrutiny to force plaintiffs to make sufficiently specific ERISA Fiduciary breach claims in order to minimize costly nuisance ERISA complaints.

The case is set for argument for Dec. 6 with a ruling likely in early 2022. We will continue to monitor the case and will keep everyone updated. 

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CIEBA testifies at ERISA Advisory Council hearing on 401(k) Brokerage Windows 

 

Click Here to View the Testimony & Key Points

Media Coverage - "CIEBA in the News"

CIEBA Public Policy Task Force helps secure funding stabilization

Click Here to Read an Excerpt of the Article
Click Here to Read the Full Article in Pensions & Investments

CIO Magazine Article: CIEBA Selects New Chair and Increases Membership Despite COVID-19

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 CIEBA Comments to DOL on "Improving Investment Advice for Workers and Retirees"

CIEBA recently submitted an important letter supporting DOL’s efforts to enhance retirement security, particularly with respect to the aspects of participant rollovers.

Click Here to Read Our Letter

CIEBA Helps Coordinate Efforts for Pension Funding Stabilization

CIEBA recently submitted two important letters urging Congress to stabilize DB plan rules to provide more predictable and sustainable contribution levels for employers. The two letters are linked here. The first letter submitted by CIEBA lays out specific relief provisions, all of which were ultimately incorporated in the recently introduced HEROES Act on May 13, 2020. The second letter contains support from close to 100 organizations, many of whom are CIEBA Members, underscoring the importance and the need for this relief. Please contact CIEBA Executive Director, Dennis Simmons ([email protected]), if you have any questions.  

Click Here to Read our Pension Funding Stabilization Letter
Click Here to Read Our Coalition Letter

 

2020 January Working Group Meeting in Review

Take a look at our January Working Group Meeting.

 

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 2020 March Virtual Working Group Meeting in Review

Take a look at our first virtual CIEBA meeting.

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Dr. Ben Bernanke & Others Join CIEBA for 2021 Annual Meeting 

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 CIEBA Executive Director Dennis Simmons in "The State of Retirement: Shaping the Future."

CIEBA Executive Director, Dennis Simmons, recently shared thoughts on key issues and opportunities to strengthen the retirement savings system.

Click Here to Listen to the Episode 

CIEBA Comments on DOL's Proposed Rule regarding Proxy Voting & Shareholder Rights

CIEBA encourages DOL to implement prudent, efficient standards for proxy voting and monitoring.

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 CIEBA Testifies at DOL Hearing on Improving Investment Advice

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CIEBA Issues Press Release on Alternatives In Defined Contribution Plans

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CIEBA Executive Director Comments on Alternatives in Defined Contribution Plans

Dennis Simmons, Executive Director of CIEBA, was recently quoted in an article in Pensions & Investments on alternatives in defined contribution plans. 

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April 2021 Virtual Working Group Meeting in Review

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January 2021 Virtual Working Group Meeting in Review

 

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2020 Virtual Annual Meeting in Review

Take a look at our Virtual Annual Meeting.

 

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2020 June Working Group Meeting in Review

Take a look at our June Virtual Working Group Meeting.

 

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