Christopher Williams

Faegre Drinker Biddle & Reath LLP

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Latest Posts › Pensions

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PBGC Publishes Final Rule Allowing Simplified Withdrawal Liability Calculations Applicable to Benefit Reductions, Benefit...

On Friday January 8, the Pension Benefit Guaranty Corporation (PBGC) published a final rule that provides multiemployer pension plans with additional methods to help calculate employer withdrawal liability. The rule includes...more

1/20/2021 / Employee Benefits , Employee Retirement Income Security Act (ERISA) , Employer Contributions , Multi-Employer Pensions , PBGC , Pensions , Retirement Plan , Withdrawal Liability

AAA Amends Withdrawal Liability Arbitration Rules to Obtain PBGC Approval

The American Arbitration Association (AAA) significantly altered its rules for multiemployer pension plan arbitrations after the Pension Benefit Guaranty Board (PBGC) and several public comments raised concerns about the...more

12/10/2019 / Amended Rules , American Arbitration Association , Arbitration , Arbitrator Selection Disputes , Arbitrators , Employee Retirement Income Security Act (ERISA) , Multiemployer Plan , PBGC , Pensions , Rulemaking Process , Withdrawal Liability

In with a Bang and Out with a Whimper: Second Circuit Challenge to Popular Withdrawal Liability Calculation Method Settles

The withdrawal liability case of the year came to an anticlimactic end on Monday, September 16, 2019, as the Second Circuit docket sheet of New York Times Company v. Newspaper and Mail Deliverers' Publishers' Pension Fund...more

9/18/2019 / Employee Retirement Income Security Act (ERISA) , Employer Liability Issues , Interest Rates , Multiemployer Plan , Pensions , Withdrawal Liability

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