News & Events
Employee Benefits in Texas - Issues and Problems in the Current Economic Environment - Series XIX
Please join Locke Liddell & Sapp for our annual Employee Benefits seminar which will focus on updates to ERISA legislation, prudent plan fiduciary practices, recent changes in welfare plan guidance, and labor and employee benefits issues.
Joe C. Thompson Conference Center - Cityplace
2711 N. Haskell Avenue
Locke Liddell attorneys will deliver the following presentations:
8:30 a.m. -- ERISA Litigation Update - 2007
The presentation will cover significant rulings over the past year, including a decision by the Fifth Circuit Court of Appeals vacating certification of a class of 401(k) plan participants claiming imprudence and breach of fiduciary duty in an “employer stock drop” case. In another ruling, the Fifth Circuit affirmed a ruling in favor of a class of retirees who sued to enforce their rights under a retiree health plan following a corporate merger. In addition, a federal court of appeals outside the Fifth Circuit has found that ERISA did in fact preempt the so-called “Wal-Mart Law” in Maryland (which would have required Wal-Mart to spend more on employee medical benefits or pay a penalty). Further, the lower courts continue to address ERISA preemption of state law claims in the context of medical benefits in a variety of settings.
9:15 a.m. -- ERISA Fiduciaries: Getting A Good Night’s Sleep
The presentation will encompass case studies in prudent plan fiduciary practices, including--
- Section 404(c) – how to implement it and does it really protect you?
- 401(k) plan fees and expenses; risks and communication
10:15 a.m. -- Health and Welfare Plan Update
The discussion will address a number of recent changes in welfare plan guidance, including new regulations governing cafeteria plans (and possible pitfalls); new and proposed Texas and Federal legislation; consumer-directed health plans and HSA’s; wellness programs; and data warehousing issues.
11:00 a.m. -- Separation Agreements, Deferred Compensation and Code Section 409A – Day to Day Issues for Benefits and Human Resources Professionals
This panel discussion will address two key areas involving labor and employee benefits issues. First, the session will address issues arising when employees are terminated, including effective strategies for termination meetings and the legal issues related to releases and the delivery of COBRA documentation, as well as the intended and unintended application of the “deferred compensation” rules to severance agreements. Second, the session will address the general rules under Section 409A and their application to equity and deferred compensation plans. This portion of the session will assist employers in understanding the steps that need to be taken prior to the end of 2007 to bring existing deferred compensation plans into compliance with Section 409A and to avoid the imposition of income and excise taxes on employees who are covered by these plans.
The luncheon speaker will be Loretta Dollar from the Internal Revenue Serivce
Registration begins at 8:00 a.m. Continental breakfast and lunch will be served.
For more information or to register, please contact Michel Miller at (214) 740-8821 or
. You may also click on the registration link at the top of this page.