Withdrawal Liability
Multiemployer Pension Plan Withdrawal Liability
It is ever more important for fiduciaries, plan sponsors and contributing employers to understand withdrawal liability.
In this guidebook, Michael McNally, Co-Chair of the Employee Benefits & Executive Compensation Department, provides an overview of the concepts underlying withdrawal liability, the mechanics of events that trigger liability, how the liability is calculated and paid, special rules applicable to certain industries, and the process for notifying – and disputing – assessments.
