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Multiemployer Plans and Withdrawal Liability Assessments: Defending the Employer
Tuesday, October 13, 2020, 12:30 PM - 1:30 PM CDT
Category: CLE

Multiemployer Plans and Withdrawal Liability Assessments: Defending the Employer
(Approved for 1.0 CLE credit)

Presenter: Charlie Stevens, Michael Best & Friedrich

When an employer’s obligation to contribute to an underfunded multiemployer pension plan ceases, the pension fund sends a bill to the employer for its share of the red ink.  This is withdrawal liability.  For over 30 years, Charlie Stevens has represented employers in connection with exposure to claims of withdrawal liability by multiemployer pension plans under Title IV of the Employee Retirement Income Security Act (ERISA).  His first presentation on this topic to the Milwaukee Bar Association was shortly after the decision in his first Court of Appeals case, Central States, Southeast & Southwest Pension Fund v. Personnel, Inc., 974 F.2d 789 (7th Cir. 1992).  Since then, Charlie has represented dozens of employers in defending claims by numerous pension funds and managing exposure to withdrawal liability risk.

This presentation will describe how withdrawal liability arises, the statutory framework governing its assessment and collection, defending employers against assessments, potential liability of principals and successors, strategies for mitigating withdrawal liability risk,  and traps and pitfalls for unwary practitioners

Credit: 1.0 CLE credit to be applied for
Date: October 13, 2020
Presentation: 12:30 - 1:30 PM
Location: Online (Zoom)

REGISTER


Contact: Emily Hutmacher, [email protected]