White Paper

6 Pages
  • 6 Pages

Considerations When Preparing to Withdraw From a Pension


Review critical challenges facing pension withdrawal liability.

Prior to considering a pension withdrawal, it is to the employer’s advantage to have every piece of information at their disposal. Under ERISA §101(l), a contributing employer to a multiemployer plan is permitted to request a notice of potential withdrawal liability. Upon request, the plan sponsor or administrator of a multiemployer plan must provide this notice within 180 days of request. If the plan fails to provide this information within the 180-day period, it is subject to a hefty penalty. This white paper reviews other methods to consider to reduce exposure to withdrawal lability and discusses how to resolve disputes.



Eric W. Gregory

Eric W. Gregory

Dickinson Wright PLLC

  • Attorney in the Troy, Michigan office of Dickinson Wright
  • Practice emphasizes all aspects of employee benefits and executive compensation law, including qualified retirement plans, welfare plans, and nonqualified compensation programs
  • Conducts regular seminars and workshops on numerous employee benefits issues such as ERISA compliance and best practices, avoiding litigation risk for sponsors of retirement plans, and employer fiduciary duties under ERISA
  • Author of several publications related to employee benefits such as Surviving an IRS or DOL Retirement Plan Audit: Failing to Prepare is Preparing to Fail, Here Comes the Department of Labor: Retirement Plan Audits Begin for Code Section 401(a)(9) Compliance, and Missing Participants Policy and Procedure
  • Awards include Up and Coming Lawyer, Chambers USA 2020 – present; Best Lawyers in America, Employee Benefits (ERISA) Law, 2023; Michigan Super Lawyers Rising Star, 2016 – present; Michigan Lawyers Weekly, Up & Coming Lawyers, Class of 2017; DBusiness Magazine Top Lawyer, Employee Benefits Law, 2016 – present
  • Past chair of State Bar of Michigan Taxation Section’s Employee Benefits Committee and past chair of Oakland County Bar Association Employee Benefits Committee
  • Taxation Council Member, State Bar of Michigan Taxation Section
  • LL.M. degree in taxation, certificate in employee benefits law, Georgetown University Law Center; J.D. degree, Wayne State University; B.A. degree in political theory and constitutional democracy, Phi Beta Kappa, Michigan State University, James Madison College
  • Can be contacted at [email protected] or 248-433-7669

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