01/22/2015
Location
Lindabury, McCormick, Estabrook & Cooper
Lindabury, McCormick, Estabrook & Cooper
53 Cardinal Drive
Westfield, 07091
Westfield, 07091
James K. Estabrook & Elizabeth Manzo of the firm’s Employee Benefits group, hosted a complimentary seminar discussion focused on The Multiemployer Pension Reform Act of 2014 (“MEPRA”).
Topics covered were:
- Repeal of the sunset provisions of the Pension Protection Act of 2006
- Increased PBGC premiums for Multiemployer Plans
- Correction and clarification of the Zone Status Rules
- Changes to Withdrawal Liability Rules
- Enhanced rules for Multiemployer Plan Mergers and Partitions
- Remediation measures for deeply troubled Multiemployer Plans including conditions, limitations,
notice requirements and approval process for the suspension of benefits - Additional PPA flexibility and technical corrections
- Enhanced Rules for multiemployer plan mergers and partitions
- Important issues for Trustees, Administrators and Plan Professionals
If you have questions about how MERPA will impact your fund please contact us here.