Navigating a New Landscape: Post-COVID Retirement Plan Design and Administrative Issues

Seyfarth Shaw LLP

COVID-19 has changed the landscape of retirement readiness for many employees. Employees have been furloughed or lost jobs and plan account balances have been negatively impacted by changes in the stock market. While the CARES Act provides participants with more opportunities to gain access to plan benefits while employed, including new distribution and loan provisions, the question becomes – how will this impact retirement readiness? What about ESG investments? Are they options employers should consider offering in their plans?

Although not directly related to the pandemic, the Department of Labor has also relaxed its rules for electronic administration of plans. Although these changes facilitate access to plan information and money while quarantined at home, many are worried about the security and privacy of information and plan benefits.

Marsh and Seyfarth Shaw LLP are partnering in a discussion of the legal, compliance, fiduciary, investment and security/privacy issues related to these new developments.

Join our October 8, 2020 webinar to learn about:

• Retirement readiness in light of coronavirus-related distributions, plan loan relief and ESG investments
• Security, privacy and ERISA fiduciary concerns, especially in light of recent electronic administration relief, including electronic communications and remote notarizations

Who Should Listen: Human resource teams, finance teams, and retirement plan fiduciaries (and people who support them) who deal with plan investments, design elements, and the security of plan assets and data

Speakers:

Liz J. Deckman, Partner, Seyfarth Shaw LLP
Benjamin F. Spater, Senior Counsel, Seyfarth Shaw LLP
Stephanie Gowan, Vice President, Marsh; Investment Advisor, MMA Securities, LLC
Thomas Fuhrman, Managing Director, Marsh Advisory

More Information, How to Register