Withdrawal Liability: The Ticking Time Bomb of Participating in Multiemployer Pension Plans

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 the Jackson Lewis attorneys for a complimentary seminar 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