The American Bar Association RPTE Employee Benefits & Other Compensation Arrangements Group invites members and other interested legal counsel and benefit practitioners to catch up on the latest Pension Benefit Guarantee Corporation (PBGC) enforcement and regulatory developments by participating in its next regular one hour Study Group Conference Call on Monday, December 6, 2010, at 1 PM Eastern, Noon Central, 11 AM Mountain and 10 AM Pacific. There is no charge to take part in the Study Group Conference call.
During the call the Plan Transactions and Terminations Committee, chaired by Harold Ashner of Keightley & Ashner LLP (former PBGC Assistant General Counsel for Legislation and Regulations) will discuss recent PBGC reporting, monitoring, and enforcement developments, with a focus on PBGC’s pursuit of “downsizing liability” under ERISA Section 4062(e) and on how to deal with this liability effectively.
The dial-in information for the call is:
Phone Number: 866/646-6488
Participant Pass code: 7255887619
If your client or organization maintains a PBGC-covered pension plan, you need to understand the various circumstances that may lead PBGC to pursue a claim for as much as the plan’s full termination-based underfunding — even though the pension plan remains ongoing with no intention to terminate it. These circumstances go well beyond a traditional plant closing, and may include a going-concern asset sale, a stock sale, a transfer of operations to another facility, a temporary suspension of operations, or the discontinuance of one operation with all other operations continuing.
Topics covered will include PBGC reporting requirements, triggers for 4062(e) liability, issues relating to how the liability is calculated, and options for settling the liability. Come prepared with your questions!
To receive handout materials, please RSVP, email Committee Vice Chair Robert Miller (email@example.com) to let the Committee know you plan to attend. If you have questions you’d like to have discussed on the call, you can include those questions along with your RSVP. There is no charge for participating.
Membership In RPTE Employee Benefits & Other Compensation Group Offers Many Benefits
Chaired by Cynthia Marcotte Stamer, membership in the Employee Benefits & Other Compensation Arrangements Group offers attorneys and others employee benefit professionals a broad range of opportunities to develop and expand their employee benefit knowledge, provide leadership and input on evolving employee benefit policies and practices, to network and collaborate with fellow practitioners, and to participate in a broad range of other activities designed to advance employee benefit knowledge and professionalism. The Group focuses on all aspects of employee benefit plans and other compensation arrangements, including issues relating to qualified plans, medical and other welfare plans and nonqualified deferred compensation plans, the fiduciary responsibilities of plan trustees, plan administrators and other plan fiduciaries, plan administration, plan transactions, plan terminations, and litigation involving this area of practice. If you would like more information about the Group or getting involved in its activities, please see RPTE Website orcontact its Chair, Cynthia Marcotte Stamer, at firstname.lastname@example.org or (469) 767-8872.
About Ms. Stamer
Board Certified in Labor and Employment Law by the Texas Board of Legal Specialization, Chair of the American Bar Association (ABA) RPTE Employee Benefit & Other Compensation Group, a Council Member of the ABA Joint Committee on Employee Benefits, Past Chair of the ABA Health Law Section Managed Care & Insurance Interest Group, management attorney and consultant Cynthia Marcotte Stamer has more than 23 years experience advising and representing employers, health and other employee benefit plans, their sponsors, fiduciaries and plan administrators, consultants, vendors, outsourcers, insurers, governments and others about employment, employee benefit, compensation, and a wide range of other performance, legal and operational risk management practices and concerns. As a part of this work, Ms. Stamer has worked extensively with clients to manage risks and defend practices under a wide range of laws and circumstances. Her experience includes extensive work advising and representing employers, plans, plan fiduciaries, trustees, investors, and others about managing and resolving risks relating to distressed pension and other employee benefit plans, downsizing and other workforce reengineering and other similar matters. A prolific author and popular speaker, Ms. Stamer also publishes, conducts client and other training, speaks and consults extensively on GINA and other employment and employee benefit risk management practices and concerns for the ABA, World At Work, SHRM, American Health Lawyers Association, Institute of Internal Auditors, Society for Professional Benefits Administrators, HCCA, Southwest Benefits Association and many other organizations. Her insights on these and related topics have appeared in Atlantic Information Service, Bureau of National Affairs, World At Work, The Wall Street Journal, Business Insurance, Managed Healthcare, Health Leaders, various ABA publications and a many other national and local publications. To learn more about Ms. Stamer, her experience, involvements, programs and publications, see here or contact Ms. Stamer.
Other Resources & Developments
If you found this information of interest, you also may be interested in reviewing other recent Solutions Law Press updates including:
- Affordable Care Act Grandfathered Plan Rules Loosened To Allow Insured Plans Making Some Insurance Changes To Qualify
- Update Employment Practices To Manage Genetic Info Discrimination Risks Under New EEOC Final GINA Regulations
- Blockbuster & Health Delivery Disability Discrimination Settlements Highlight Need For Tightened Disability Discrimination Risk Management
- DOL Proposes To Expand Investment Related Services Giving Rise to ERISA Fiduciary Status As Investment Fiduciary
- EEOC Attacks Medical Leave Denials As Prohibited Disability Discrimination
- ICE Invites Comments On Information Required For IMAGE Program Employers
- Annual Benefit Limitation Waiver Guidance Offers Fast Acting Employers, Insurers Expanded Options To Meet Affordable Care Act Health Plan Rule
- New Insured Group Health Plan Non-Discrimination Rules Create Significant Liability For Employers & Insurers; Prompt IRS Also To Review Self-Insured Group Health Plan Rules
- Labor Department FMLA Guidance Signals Need For Employer Care Determining Who Qualifies As Child
- ICE Invites Comments On Information Required For IMAGE Program Employers
- Affordable Care Act’s Health Plan External & Internal Review Safe Harbor & Other Regulations Require Health Plan Updates
- New Regulations & Court Decisions Require Health Plan Claims & Appeal Updates
- Small Employers Sponsoring Health Coverage May Qualify For New Tax Credit, Must Act Quickly To Comply With Other New Federal Health Plan Mandates Under Affordable Care Act & Other Laws
- Rite Aid Pays $1 Million HIPAA Privacy Settlement As OCR Tightens HIPAA Regulations
- New Affordable Care Act Mandated High Risk Pre-Existing Condition Insurance Pool Program Regulations Prohibit Plan Dumping of High Risk Members, Set Other Rules
- Congress & Labor Department Considering Tightening of Retirement Plan Regulations
- Testimony Highlights Growing Exposure of Businesses Misclassifying Workers; Businesses Should Act to Minimize Risks
- Businesses Employing Children Should Review & Tighten Practices In Light of Tightened Rules & Increased Penalties
- Amended Rule Requires Federal Government Contractors To Post New “Employee Rights Under The National Labor” Poster
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