Benefits of Preparation: Employee Benefit Plan Considerations When Reopening Your Business

Davis Wright Tremaine

This program was a multi-speaker discussion focused on benefit plan issues employers should be considering when employees return from furlough or are rehired. The issues discussed included practical considerations for retirement, health and welfare, and executive compensation plans.

We covered the following topics and related questions:

• Recent extensions to the deadlines for COBRA, special enrollment periods, benefits claims / appeals, employer notices, and other disclosures.
• The impact of reopening on 401(k) and other defined contribution retirement plans (including 403(b) plans), as well as defined benefit pension plans, including eligibility and vesting.
• The impact of reopening on health and welfare plans, and cafeteria plans, including discussion of Affordable Care Act waiting periods and break in service rules.
• Executive compensation issues, such as the impact of recent pay cuts and considerations for deferred compensation plans and stock options.

We spent a portion of this webinar addressing the questions submitted during registration and during the live webinar.

Speakers:

• Lisette Sell, Counsel, Davis Wright Tremaine LLP
• Dipa Sudra, Partner, Davis Wright Tremaine LLP
• Stuart Harris, Partner, Davis Wright Tremaine LLP
• Jeff Belfiglio, Partner, Davis Wright Tremaine LLP

More Information, How to Register