Employee and Retiree Access to Justice Act of 2024

This bill prohibits mandatory pre-dispute arbitration clauses and class action waivers in employee retirement and health benefit plans. It directly affects workers and retirees covered by ERISA plans (like 401(k)s and health insurance) who might otherwise be forced into individual arbitration. Key provisions require employers to obtain explicit written consent after a 45-day waiting period for post-dispute arbitration, ban "discretionary authority" clauses that limit court review of benefit denials, and make certain agreements unenforceable if obtained through coercion. The law applies to disputes arising after enactment, with a one-year grace period for updating plan documents.