Employee Retirement Benefits Lawyers | McDermott

Retirement Benefits


As employee benefits legislation and regulation grow in complexity and the global workforce becomes more interconnected, the demands placed on employers and employee benefit plan administrators are increasing in intensity. Plan sponsors and fiduciaries must continually reexamine and redesign employee benefit programs in light of the latest government guidance, case law and emerging industry best practices, domestically and internationally.

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Retirement Plans

  • A consumer products company on implementation of a “soft freeze” of a cash balance plan and a transition to a DC-oriented retirement program
  • A multinational pharmaceutical company with respect to consideration of partial termination issues and PBGC reporting under sections 4043 and 4062(e) of ERISA in connection with downsizing and relocation of US operations
  • The oldest and largest nonprofit, nonsectarian hospital system in New Jersey on a number of employee benefits and executive compensation issues, including advising on their pension plan commitments and funding strategies, alternative ways to structure pension and benefits provisions, use of plan assets to purchase large medical equipment and lease back to the plan sponsor, and qualification under legislation for funding relief

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