Withdrawal Liability
Will Daniels, attorney-at-law, of Laner, Muchin, a labor management firm that represents management, will instruct all EACs with union contracts on the subject of Withdrawal Liability in the EACA’s second webinar scheduled on Friday, November 17 at 2pm ET, 1pm CT. In short, Withdrawal Liability means that any EAC with a union contract that may be interested to “withdraw” from their Collective Bargaining Agreement by way of sale, or business closure may be liable to pay their pro-rata portion of the union’s underfunded pension program. In this program, Will covers all aspects of Withdrawal Liabitlity including:
- What triggers Withdrawal Liability
- How to limit your liability
- How your liability is calculated
- How to challenge the payment of Withdrawal Liability
- And, the current financial condition of the various pension funds
Click here to register for the Withdrawal Liability Webinar. However, if your schedule doesn’t allow you to attend live you’re welcome to watch the recorded program whenever it’s convenient.
All webinars are free to active EACA members and will cover a range ot topics of interest for EACs. Here is our complete Webinar Schedule.