ERISA, the Affordable Care Act, and other benefits and compensation plans tend to have many complexities. Our team is well-versed in these plans and succinctly guides clients through the right compliance and management processes.
Tarter Krinsky & Drogin’s Labor & Employment Practice counsels clients on the Employee Retirement Income Security Act of 1974 (ERISA), which includes specific compliance requirements for employee benefit plans, including pension plans related to eligibility, participation, funding, and vesting, as well as management responsibilities for employers and plan sponsors. Since implementation of the law, our attorneys have advised employers and plan fiduciaries on regulatory compliance and management of their employee benefit plans under ERISA and the Internal Revenue Code, including matters involving Section 409A. We advise employers and other plan sponsors on ERISA’s preemptive effect on state laws related to pension and self-insured health benefits.
Our attorneys counsel self-insured employers on compliance with their fiduciary duties and ensure that their plans meet applicable guidelines. When mistakes happen, we represent the plan sponsor and fiduciaries, be it the employer or the trustees, in taking appropriate corrective action in concert with applicable federal agencies where necessary.
Equipped with broad experience, our team counsels single employer and multiemployer pension and welfare plans in navigating liability and protecting plan participants and their beneficiaries. Having worked with multiemployer plans for decades, we have a deep understanding of the obligations of contributing employers and the impact of withdrawal liability.
