Sunday, February 11, 2018
The American College of Employee Benefits Counsel is sponsoring a competition, with a $10,000 prize, for the best original legislative proposal to simplify employee benefits law. The College plans to sponsor the competition annually for at least five years. The initial award will be presented at the College’s Annual Meeting and Induction Dinner in September 2018. To be eligible for the 2018 award, a proposal must satisfy the rules linked below, and be submitted on or before April 1, 2018. Criteria for judging submissions include the degree of simplification, prospects for enactment, and originality. Submissions must enhance, or at least have no adverse effect on, any material rights of employees and plan participants.
The award winner will be selected each year by the ACEBC Simplification Award Committee. The Award Committee’s selection of a winner will be subject to the approval of the ACEBC’s Board of Governors. Detailed rules, eligibility and selection criteria, and submissions procedures are available here. A list of FAQs is posted here, and may be updated during the competition as the Committee deems appropriate.