Plan Termination and Restructuring

Whether and how to terminate or restructure a plan requires careful planning.  We help our clients to analyze, understand, and implement these significant decisions.  This includes:

• Drafting information for participants.
• Complying with section 204(h) of Employee Retirement Income Security Act (ERISA) (participant notice).
• Drafting Pension Benefit Guaranty Corporation (PBGC) and Internal Revenue Service (IRS) filings.
• Assisting with standard and distress terminations, in and out of bankruptcy.
• Distinguishing between guaranteed and non-guaranteed benefits.
• Understanding "evade or avoid" rules under ERISA section 4069.