Multiemployer Pension Plan Withdrawal: An In-Depth Examination
Strategies for Minimizing Liability and Challenging Assessments
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE course will provide counsel to employers that contribute to multiemployer pension plans with an in-depth examination of several recent trends related to multiemployer plan withdrawal liability. The panel will discuss the recent court rulings, tips for handling withdrawal liability issues in corporate transactions, and developments related to recent legislation and associated rule-making under the American Rescue Plan and its associated Special Financial Assistance Program.
Outline
- Overview of multiemployer pension plans
- Partial and complete withdrawals
- Controlled group and successor liability
- Developing litigation issues
- Collective bargaining strategies
- Arbitration and settlement approaches
Benefits
The panel will review these and other key issues:
- How can employers obtain information about their multiemployer fund exposure and analyze these liabilities?
- How can employers address wages and other conditions of employment in the context of potential pension liabilities?
- How do businesses consider withdrawal liability in the context of an anticipated corporate transaction?
- How can employers assess and deal with potential withdrawal liability exposure in the short and long term?
Faculty
Michael G. Congiu
Shareholder
Littler Mendelson
Mr. Congiu's practice focuses on ERISA and benefit plan litigation, international employment law, leaves of... | Read More
Mr. Congiu's practice focuses on ERISA and benefit plan litigation, international employment law, leaves of absence and disability accommodation, business and human rights, and class actions. His broad litigation practice includes specific expertise regarding multi-employer pension plans. He regularly counsels and represents employers with issues involving the interplay between collective bargaining, multi-employer pension plan obligations, and withdrawal liability touching on ERISA, The Taft-Hartley Act, The Pension Protection Act and The Multiemployer Pension Plan Amendments Act.
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Patrick W. Spangler
Shareholder
Vedder Price
Mr. Spangler works with in-house counsel and management to provide advice related to litigation, major business... | Read More
Mr. Spangler works with in-house counsel and management to provide advice related to litigation, major business changes, and compliance issues. He has defended a wide range of employment-related cases and has significant experience defending ERISA claims, including breach of fiduciary, retiree health and multiemployer fund litigation. Mr. Spangler is a frequent author and lecturer on employment law topics.
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