Seyfarth Events

Multiemployer Pension Reform Act: What it Means for Employers

1/14/2015

Cost: There is no cost to attend this program, however, registration is required.

Webinar


1:00 p.m. to 2:00 p.m. Eastern
12:00 p.m. to 1:00 p.m. Central
11:00 a.m. to 12:00 p.m. Mountain
10:00 a.m. to 11:00 a.m. Pacific


On Tuesday, December 16, 2014, President Obama signed into law the Multiemployer Pension Reform Act of 2014 (“MPRA”).  Slipped into the federal “Cromnibus” spending bill, the MPRA attempts to solve the pension crisis—not by a bailout—but by providing alternative tools for funds to improve their financial status, including by reducing the vested benefits of retirees.

On January 14, 2015, Seyfarth ERISA litigation and benefits attorneys will provide an overview of the MPRA, and what it means for employers.

Topics to be addressed include:

  • Benefit reduction process for deeply troubled plans
     
  • New merger and partition rules
     
  • Disregard of surcharges and certain contribution increases in withdrawal liability payment schedules
     
  • New required plan disclosures
     
  • Withdrawal liability calculations post MPRA


Register Here