A Challenge to Actuarial Assumptions in Defined Benefit Plans: Latest Developments in the Legal Landscape
Recent Case Law, Claims and Defenses, Fiduciary Obligations, Avoiding Administrative Pitfalls, Plan Modifications
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will provide ERISA counsel and advisers an in-depth analysis of the use of actuarial assumptions in defined benefit plans. The panel will discuss the current litigation landscape and developments in the cases that challenge plan actuarial equivalence factors. The panel will also review critical considerations for plan sponsors and fiduciaries who may be at risk of facing these claims from participants and beneficiaries.
Outline
- Overview of the use of actuarial assumptions in retirement plans
- Fiduciary obligations and liability
- Recent cases and developments
- Best practices for ERISA counsel and plan sponsors
Benefits
The panel will review these and other key issues:
- The use of actuarial assumptions in retirement plans' calculation of optional forms of benefits
- Recent court cases challenging plans' actuarial assumptions
- Plan sponsor and administrator defenses
- Critical considerations for plan sponsors and administrators
Faculty
Katherine B. Kohn
Senior Counsel
Groom Law Group
Ms. Kohn is Of Counsel in Groom Law Group’s Litigation practice group. She specializes in ERISA litigation... | Read More
Ms. Kohn is Of Counsel in Groom Law Group’s Litigation practice group. She specializes in ERISA litigation relating to qualified and nonqualified retirement and health plans, with significant experience in matters involving the Pension Benefit Guaranty Corporation (“PBGC”), the federal agency that insures private single employer and multiemployer defined benefit pension plans.
Close
Brian J. Lamb
Partner
Thompson Hine
Mr. Lamb represents companies and their directors and officers in complex business disputes, including ERISA... | Read More
Mr. Lamb represents companies and their directors and officers in complex business disputes, including ERISA litigation, securities and shareholder litigation, corporate governance and fiduciary disputes, and litigation arising out of mergers, acquisitions and tender offers, and complex contract disputes. He also has significant experience litigating tax controversies against the federal government.
Close
Joshua Shapiro
Senior Actuarial Advisor
Groom Law Group
Mr. Shapiro’s practice focuses on the design funding, and administration of multiemployer, single employer, and... | Read More
Mr. Shapiro’s practice focuses on the design funding, and administration of multiemployer, single employer, and governmental retirement plans. His experience includes working with a wide range of organizations to ensure that their retirement programs meet their financial and human resources objectives while complying with the applicable laws and IRS, PBGC and DOL regulations. Mr. Shapiro is a former Deputy Director for Research and Education at the National Coordinating Committee for Multiemployer Plans.
Close