{"id":407,"date":"2020-05-28T14:46:39","date_gmt":"2020-05-28T18:46:39","guid":{"rendered":"https:\/\/www.businesslitigationtrends.com\/?p=407"},"modified":"2020-09-24T04:56:52","modified_gmt":"2020-09-24T08:56:52","slug":"withdrawal-liability-basics","status":"publish","type":"post","link":"https:\/\/www.khflaw.com\/news\/withdrawal-liability-basics\/","title":{"rendered":"Withdrawal Liability Basics"},"content":{"rendered":"

\"TabletGiven the pandemic and its effect on financial markets coupled with the loss of contribution hours in certain industries, such a construction, many defined benefit pension plans have become underfunded once again.\u00a0 What may come as a surprise to contributing employers of multi-employer pension plans is the impact an underfunded pension plan can have on their business upon withdrawal from the plan.\u00a0 Employers should be aware of withdrawal liability and how to minimize its financial consequences. Continue reading \u203a<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Given the pandemic and its effect on financial markets coupled with the loss of contribution hours in certain industries, such a construction, many defined benefit pension plans have become underfunded once again.\u00a0 What may come as a surprise to contributing employers of multi-employer pension plans is the impact an underfunded pension plan can have on […]<\/p>\n","protected":false},"author":8,"featured_media":408,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[505,414,503],"tags":[328],"coauthors":[567],"class_list":["post-407","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-multi-employer-pensions-benefits-erisa","category-publications","category-risk-management-counseling","tag-covid-19","publication_lawyer-henry-j-donner"],"yoast_head":"\nWithdrawal Liability Basics — Kang Haggerty News — May 28, 2020<\/title>\n<meta name=\"description\" content=\"Given the pandemic and its effect on financial markets coupled with the loss of contribution hours in certain industries, such a construction, many — May 28, 2020\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.khflaw.com\/news\/withdrawal-liability-basics\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Withdrawal Liability Basics — Kang Haggerty News — May 28, 2020\" \/>\n<meta property=\"og:description\" content=\"Given the pandemic and its effect on financial markets coupled with the loss of contribution hours in certain industries, such a construction, many — May 28, 2020\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.khflaw.com\/news\/withdrawal-liability-basics\/\" \/>\n<meta property=\"og:site_name\" content=\"Kang Haggerty News\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-28T18:46:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-09-24T08:56:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.khflaw.com\/news\/wp-content\/uploads\/2017\/10\/KHFSocial.png\" \/>\n\t<meta property=\"og:image:width\" content=\"250\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Henry J. 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