Human Resources
Aon Hewitt Submits Comments on Advance Notice of Proposed Rulemaking on Lifetime Income Illustrations

Aon Hewitt Submits Comments on Advance Notice of Proposed Rulemaking on Lifetime Income Illustrations


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On July 17, 2013, Aon Hewitt submitted comments to the Department of Labor's (DOL) Employee Benefits Security Administration (EBSA), regarding the advance notice of proposed rulemaking (ANPRM) on lifetime income illustrations. The ANPRM was published in the Federal Register on May 8, 2013.

In the comment letter Aon Hewitt discusses:

  • The proposal for alternative regulatory framework: using guidelines as a regulatory safe harbor;
  • Considerations for either framework: projecting income and other delivery considerations; and
  • Cost and disclosure.

The Aon Hewitt comment letter was authored by Daniel Campbell (Defined Contribution Practice Leader) and Steve Shepherd (Hewitt EnnisKnupp Head of Institutional Annuities and Life Insurance Solutions).

Download Aon Hewitt Submits Comments on Advance Notice of Proposed Rulemaking on Lifetime Income Illustrations