CARES Act: Employee Benefits Provisions, DOL Guidance, Relief for Sponsors of Certain Plans and Pensions
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will provide employee benefits counsel, sponsors, and administrators an in-depth analysis of the impact of the Coronavirus Aid, Relief, and Economic Security (CARES) Act on employee benefit plans. The panel will discuss critical provisions of the CARES Act for plan sponsors and administrators, the impact on qualified retirement plans and pensions, the expansions for group health plans, and the authority of the U.S. Department of Labor. The panel will also discuss critical next steps for employers in light of the CARES Act.
Outline
- Impact of CARES Act on retirement plans and pensions
- Impact of CARES Act, FFCRA on health and welfare plans
- Critical issues and guidance for plan fiduciaries
- Best practices and next steps for employers and administrators
Benefits
The panel will review these and other key issues:
- What are the key provisions of the CARES Act impacting employee benefits plans?
- What is the interplay between provisions of the CARES Act and the Families First Coronavirus Response Act (FFCRA)?
- What obstacles arise for plan fiduciaries and what are best practices to overcome them?
- What are the critical next steps for employers and plan administrators to take in light of COVID-19, the CARES Act, and FFCRA?
Faculty
Timothy S. (Tim) Klimpl
Counsel
Carmody Torrance Sandak & Hennessey
Mr. Klimpl is a seasoned attorney with experience providing ERISA advice and related services to a variety of plan... | Read More
Mr. Klimpl is a seasoned attorney with experience providing ERISA advice and related services to a variety of plan sponsors and employee benefit plans, including corporate, nonprofit, multiemployer and governmental plans providing retirement, health, disability, dental and other welfare benefits. In the field of executive compensation, he has assisted both employers and employees with equity and incentive compensation, nonqualified deferred compensation, Section 409A questions, and executive employment and severance agreements. Among other industries, Mr. Klimpl has represented clients in the financial, construction, medical, fashion, real estate and legal industries. He chairs the Fairfield County Bar Association Employment Law Committee.
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Lisette Sell
Counsel
Davis Wright Tremaine
Ms. Sell is a member of the firm's employment services group where she focuses her talents on ERISA and employee... | Read More
Ms. Sell is a member of the firm's employment services group where she focuses her talents on ERISA and employee benefit matters. Her vast experience over her 30 years in practice includes advising employers on documentary and operational compliance for their retirement plans and health and welfare plans.
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