Speaking Engagements November 28, 2023

Multiemployer Pension Plan Withdrawal Liability: Employers Beware and Be Prepared

Virtual

Speakers

Paul L. Porretta

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Tuesday, November 28, 2023

Paul Porretta presents “Multiemployer Pension Plan Withdrawal Liability: Employers Beware and Be Prepared” for Lawline.

Employers with collective bargaining agreements that include contribution obligations to a multiemployer pension plan are generally not involved with plan administration beyond providing census information (hire dates, termination dates, etc.) and remitting contributions. However, employers may not be aware of their ongoing exposure to withdrawal liability, the potential amount involved, or their rights under ERISA.

This program covers:

  • Background on the formation and operation of multiemployer pension plans
  • The types of withdrawal liability and events triggering a withdrawal
  • Withdrawal liability calculation methodology
  • Certain industry exceptions to withdrawal liability and special rules
  • Payment of withdrawal liability; and
  • Dispute resolution procedures
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