Michael Kreps specializes in issues relating to public policy, fiduciary responsibility, and plan funding and restructuring. He routinely represents both private and public sector clients before federal agencies and Congress. Previously, Michael served as the Senior Pensions and Employment Counsel for the U.S. Senate Committee on Health, Education, Labor, and Pensions from the 110th through the 114th Congresses. In that role, he managed all aspects of the Committee’s retirement agenda and had primary staff responsibility for pension legislation, including the pension investment provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act, the funding stabilization and Pension Benefit Guaranty Corporation reform provisions of the MAP-21 Act of 2012, the Pension Relief Act of 2010, and the CSEC Pension Flexibility Act. He also led the Committee’s oversight of regulatory activities involving employee benefit plans. Michael writes and speaks frequently on retirement and health policy. Previous Experience Senior Pensions & Employment Counsel, United States Senate Committee on Health, Education, Labor & Pensions Professional Affiliations National Academy of Social Insurance American Bar Association, Section of Taxation Alexandria Commission on Aging Alexandria Human Rights Commission
Past Events Groom Webinar: COVID-19 Legislative Update – Retirement, Health and Tax Provisions in Budget Reconciliation Bill (February 25, 2021) Groom WebinarFebruary 25, 2021
Publications House Committee Advances Important Pension Funding Changes as Part of New COVID-19 Legislation Groom PublicationFebruary 18, 2021
Publications Update on Recent Multiemployer Pension Reform Developments Groom PublicationFebruary 4, 2021
Publications PBGC Finalizes Rules for Simplified Withdrawal Liability Calculations Groom PublicationJanuary 20, 2021
Publications President Signs COVID-19, Health and Tax Provisions in End-of-Year Omnibus Bill COVID-19 ResourceDecember 28, 2020
News Groom Principal Michael Kreps Provides Testimony at U.S. Senate Subcommittee Hearing to Address Retirement Security Challenges Press ReleaseDecember 9, 2020
Publications IRS and PBGC Give Sponsors Until January 4, 2021 to Make Contributions Under the CARES Act Groom PublicationNovember 18, 2020
Past Events Groom Webinar: Election 2020 – Impact on Retirement Plan Service Providers in 2021 and Beyond (November 19, 2020) Groom WebinarNovember 19, 2020