Audiocast – Navigating Employee Benefits in an Evolving COVID-19 Pandemic
Faegre Drinker and Multnomah Group held a roundtable discussion designed to provide practical advice on navigating employee benefits during the COVID-19 pandemic. Employers are dealing with remote work, layoffs, reduced hours, as well as determining how these changes will impact the operations of their employee benefit plans. Furthermore, with the passage of recent legislation such as the Families First Coronavirus Response Act and potential passage of the Coronavirus Aid, Relief and Economic Security Act, employers are faced with more challenges and changes.
In the audiocast, the presenters discussed the impact these changes have on:
Retirement plans
Health and welfare plans
Severance agreements
Executive compensation agreements
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About Author: Heather Bader
Heather Bader assists plan sponsors and service providers in navigating the complexities of qualified and nonqualified retirement plans, as well as health and welfare plans. While her work extends to all aspects of employee benefits, she is particularly experienced in assisting plan committees and sponsors in fulfilling their fiduciary duties. Heather advises on a variety of fiduciary compliance issues and assists with the defense of government agency audits and investigations, including but not limited to the Department of Labor (DOL), Internal Revenue Service (IRS) and the Centers for Medicare & Medicaid Services (CMS). Heather works with plan sponsors that are publicly traded and the issues surrounding employer securities in retirement plans. Heather is co-leader of the firm’s financial services industry group. View all posts by Heather Bader, Summer Conley, Maureen Maly, Michael Rosenbaum and Erik Vogt
About Author: Summer Conley
Summer Conley is leader of the firm's benefits and executive compensation group. She guides companies through the complicated legal landscape surrounding employee benefits. She advises on qualified plan, health and welfare and executive compensation issues. View all posts by Heather Bader, Summer Conley, Maureen Maly, Michael Rosenbaum and Erik Vogt
About Author: Maureen Maly
An employee benefits lawyer, Maureen Maly helps employers. insurers and service providers design cost-effective health and welfare programs, while minimizing legal risks and administrative complications. She develops an understanding of the client's history, structure and strategy — and strives to exceed expectations of high-quality, practical, efficient and responsive employee benefits counsel. View all posts by Heather Bader, Summer Conley, Maureen Maly, Michael Rosenbaum and Erik Vogt
About Author: Michael Rosenbaum
Mike Rosenbaum counsels clients on the design and implementation of tax-qualified retirement plans, executive compensation plans, health and welfare benefit plans, and benefit arrangements for executives and employees of tax-exempt organizations, health care and traditional for-profit organizations. He works extensively with plan sponsors and their internal investment and administrative committees to ensure that they understand and implement best practices with respect to governance and fiduciary oversight. Mike also counsels clients on the compliance and operational issues associated with such plans. View all posts by Heather Bader, Summer Conley, Maureen Maly, Michael Rosenbaum and Erik Vogt
About Author: Erik Vogt
Erik Vogt advises public, private and nonprofit companies in the design and administration of retirement plans, health and welfare plans, and executive compensation arrangements. Erik also counsels clients on mergers and acquisitions and writes frequently on legal developments impacting benefit plans, executive compensation and related matters. View all posts by Heather Bader, Summer Conley, Maureen Maly, Michael Rosenbaum and Erik Vogt
