Replay of Facing Defined Benefit Plan Challenges: Issues with Poorly Funded Plans
Replay: Available until 2 January 2010
Date of Live Session: Wednesday 2 December 2009
The IPEBLA Teleconference Committee has assembled an expert panel of speakers who will address the topic, “Facing Defined Benefit Plan Challenges: Issues with Poorly Funded Plans”.
This Teleconference will be conducted in English.
Harold Ashner, Keightley & Ashner LLP, USA Dan Brandenburg, Saul Ewing LLP, USAAndrew Harrison, Borden Ladner Gervais LLP, Canada
Carolyn Trenda, McGuireWoods LLP, USA
This teleconference will provide an overview of the funding and related challenges faced by defined benefit plan sponsors in the US and Canada.
Topics will include:• The regulatory framework for plan funding, including government reporting and participant disclosure requirements, funding waivers, and lump sum and other benefit restrictions tied to plan funding levels.• An update on recent legislative and regulatory developments.• An outline of the interaction with government regulators and substantive rules when grappling with underfunded plans in corporate reorganizations and other transactions, plant closings triggering “downsizing liability,” and distress and involuntary terminations.• Liability (including controlled group liability for US plans) for underfunded plans, both in and out of bankruptcy, including a discussion of bankruptcy priorities and of issues relating to pursuit of foreign companies.
The teleconference will run for 90 minutes altogether, which will include up to 20 minutes for questions and comments from delegates.
Replay available anytime up to 23:00EST 2 January 2010