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ARTICLE · 20 FEBRUARY 2018

[Podcast]: Severance Pay Plans & ERISA

Proskauer Rose LLP
Proskauer Rose LLP
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Anthony Cacace and partner Robert Projansky discuss how severance plans can be subject to ERISA. We will discuss the key advantages of having severance pay arrangements covered by ERISA and what employers can do to design plans that comply with the substantive and procedural requirements of ERISA, but also maximize the likelihood of benefiting from ERISA coverage.

United StatesEmployment and HR
Anthony Cacace
Anthony Cacace
Robert Projansky
Robert Projansky
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In this benefits law edition of The Proskauer Brief, senior counsel  Anthony Cacace and partner  Robert Projansky discuss how severance plans can be subject to ERISA. We will discuss the key advantages of having severance pay arrangements covered by ERISA and what employers can do to design plans that comply with the substantive and procedural requirements of ERISA, but also maximize the likelihood of benefiting from ERISA coverage. Whether a severance plan or arrangement is governed by ERISA is a rather fact-intensive analysis, so be sure to tune in for how those facts and circumstances can give rise to an ERISA plan.

Listen to the podcast.

Anthony Cacace: Hello. Welcome to the Proskauer Brief, Hot Topics in Benefits Law. I'm Anthony Cacace, here with Rob Projansky and today we're going to discuss severance pay arrangements and ERISA. So, Rob, when is the severance pay arrangement covered by ERISA?

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