The Trucker Huss multiemployer, Taft-Hartley plan practice serves a wide range of clients. We have the distinction of being counsel to the world’s largest multiemployer pension plan as well as counsel to small, single-state and single-employer plans.
Representing the Board of Trustees is our primary service for multiemployer plans. We are not an adjunct to a labor law practice and we do not engage in collective bargaining. The advice we provide Boards of Trustees, and their administrative staff and related professional advisors, is based on years of experience working specifically with these types of arrangements. We focus on providing our clients with practical solutions to the problems these plans encounter. Legal advice may be only a part of these solutions.
As free-standing business enterprises, these plans offer unique situations and require an understanding of the business and real-world environment in which Boards of Trustees operate. The Firm’s activities include:
- Designing, drafting and implementing plans
- Interfacing with the IRS and DOL
- Facilitating employer withdrawal liability issues
- Advising on employee relations issues with the trust fund staff
- Addressing a wide range of investment and fiduciary issues
- Assisting the Board of Trustees with policy development and implementation
- Conducting “shuttle diplomacy” between union and management
- Working cooperatively with third party administrators and other plan providers on actuarial issues, administration, data processing and investment matters
Our success with multiemployer and Taft-Hartley plans comes from our many years of experience seeing and confronting the unique situations that these plans face.
If you'd like to know more
- Arbitrability of ERISA Fiduciary Breach Cases
JOSEPH C. FAUCHER and DYLAN D. RUDOLPH, February, 2019 This article was first published by the Journal of Pension Benefits: Issues in Administration, Design, Funding, and Compliance, Autumn 2018, Vol. 26, No. 1. Although the viability of arbitration rather than litigation in ERISA fiduciary breach claims remains to be seen, there are several considerations for employers who […]READ MORE
- Second Circuit Breathes New Life Into Company Stock Litigation
JOSEPH C. FAUCHER and DYLAN D. RUDOLPH, February, 2019 In offering their own company stock as a plan investment option, retirement plan fiduciaries are subject to the same duty of prudence that governs the selection, retention and removal of any other investments. Before 2014, litigation against plan fiduciaries that offered their companies’ stock as an […]READ MORE
- IRS Issues Proposed Regulations Modifying Hardship Distribution Rules
BRYAN CARD, February, 2019 The new year brings significant changes to hardship distributions under Section 401(k) plans and Section 403(b) plans. Following the passage of the Bipartisan Budget Act (the “Act”) in February 2018, the Internal Revenue Service (IRS) released proposed regulations in November 2018 which provide implementing guidance for the new rules and modifications […]READ MORE