Employee Benefits Issues
We counsel employers concerning pension, profit-sharing, 401(k), and other deferred compensation retirement plans. We also advise clients on welfare and health plans, including employer-sponsored flex and other Section 125 independent care plans, MEWAs, COBRA, HIPAA, and other aspects of employee benefit plan coverage. We often defend employers and their benefit plans against claims by employees.
We counsel clients on the implications of employee benefits changes. In addition to acting as counsel on due diligence issues, we counsel these clients on issues involving multi-employer pension plan withdrawal liability; severance and parachute arrangements; retiree insurance benefits; catastrophic medical claims management; employee benefits plan creation, modification and termination; and regulatory audits and compliance matters such as benefits-related excise tax exposure, and compliance with governmental reporting and participant disclosure rules.