New PBGC Interim Final Rule: Special Financial Assistance, Withdrawal Liability Rules, Contribution Obligations
Navigating New Rules and Requirements Under ARPA and the Impact to Multiemployer Plans and Participating Employers
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will provide a thorough and practical guide for employers, investors, employee benefits counsel and plan personnel seeking to understand withdrawal liability in general as well as the anticipated impact of the PBGC'’s final interim rule on contributing employers that participate in funds receiving special financial assistance (SFA).
Outline
- Overview of new PBGC interim final rule
- New special financial assistance program
- Determining eligibility
- Calculating SFA and disregarded events
- Application process, priority groups, deadlines
- Restrictions on use and investments
- New withdrawal liability rules
- Next steps for multiemployer plans and participating employers
Benefits
The panel will review these and other key issues:
- What is withdrawal liability and how is it triggered?
- How is withdrawal liability calculated and assessed?
- What are an employer's rights and responsibilities when it is assessed withdrawal liability?
- How is withdrawal liability handled in a business transaction?
- How will the SFA program work?
- What are the key provisions of the PBGC interim final rule impacting withdrawal liability?
- What is the impact on withdrawal liability calculations, interest assumptions, and settlements?
- What are the next steps for multiemployer plans and participating employers?
Faculty
Taylor Wedge French
Partner
McGuireWoods
Mr. French's employee benefits practice covers a wide-range of traditional executive compensation and employee... | Read More
Mr. French's employee benefits practice covers a wide-range of traditional executive compensation and employee benefits matters along with a variety of inter-disciplinary practice areas and industries that are affected by executive compensation and employee benefits laws. He works with clients to design, implement and maintain equity compensation plans, long-term incentive plans, bonus programs and non-qualified deferred compensation arrangements for executives, employees and non-employee directors. He has extensive experience in the creation and maintenance of all manner of tax-qualified retirement plans and advises and negotiates executive compensation and employee benefits matters relating to private equity, mergers and acquisitions, and other corporate transactions.
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Robert B. Wynne
Partner
McGuireWoods
Mr. Wynne practices in the firm's tax and employee benefits department, where he advises public and private... | Read More
Mr. Wynne practices in the firm's tax and employee benefits department, where he advises public and private clients with respect to the design and administration of retirement and welfare plans, compensation arrangements, and compliance requirements. He is a published author on employee benefits issues.
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