The worldwide crisis has created major financial challenges for DB plan sponsors. Most plan sponsors are facing funding concerns for both company balance sheets and plan financials. Companies need to be mindful of a host complex legal rules in managing these liabilities and risks.
Groom Law Group invites you to join us next Tuesday, March 24 where we will present the first webinar of an upcoming series on the impact of the COVID-19 crisis. The series is designed to provide critical information on the most prominent issues and opportunities related to benefit, health and retirement plans.
In this first program, “Legal Hurdles and Strategic Initiatives Facing DB Plan Sponsors,” we will cover a range of topics that include:
- Legislative Updates
- 2020 Funding Deadlines
- PPA Benefit Restriction Triggers
- Strategic Employer Initiatives
- Is plan de-risking viable?
- Possible workforce adjustments
- PBGC Reporting, Premiums And Potential Liability