Withdrawal Liability: The Ticking Time Bomb Of Participating In Multiemployer Pension Plans

* The firm is an accredited provider of CLE in California, New York, Missouri and Texas. We are also accredited providers of HRCI and SHRM.

For unionized employers participating in multiemployer pension plans, the threat of withdrawal liability poses a continual and ever-growing exposure to significant financial burdens. Join Jackson Lewis attorneys for a complimentary 60-minute webinar where we will discuss this trend, explain why it continues, and suggest proactive steps employers should take to manage or limit their withdrawal liability exposure.

Topics covered include:

• The never-ending risk of underfunding.
• The entities at risk for withdrawal liability, such as affiliates, successors, joint employers, and even individuals.
• The inadvertent triggering of withdrawal liability.
• Recent litigation and legislation, including updates on the Central States Teamsters Pension Fund and other severely underfunded multiemployer plans that have petitioned to cut participant benefits to improve their viability.
• Tools to assess and manage withdrawal liability exposure, and
• Collective bargaining obligations and strategies, including negotiated withdrawals and a review of the special rules for certain industries, such as the building and construction industry.