Written by Larry Beebe
Bond Beebe, Accountants & Advisors
P: 301.272.6025 E: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

There were two cases reported in the IFEBP’s June 2008 Legal Legislative Reporter dealing with employer contribution issues.  In one case, the court ordered a company to make contributions on behalf non-union employees.  The work was covered by a Project Stabilization Agreement (PSA) and the courts ruled that workers covered by the PSA had to be reported even if they were non-union employees.

The second case involved a trust agreement which calls for the discretionary imposition of an “exit contribution” by a withdrawing employer, even if the employer had no withdrawal liability.  The court dismissed a motion by the employer for summary judgment and has permitted further discovery as to whether an “exit contribution” should be allowed.
For more details on these cases, see the June 2008 edition of the IFEBP’s Legal Legislative Reporter.

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