Session Title:
If you manage employee benefits is ERISA your Funky Friend or Freaky Foe?

September 17
3:00 PM - 4:00 PM

MIKE SMOOTS

MikeSmoots

Session Description:

HR professionals face increasing pressure from compliance obligations across the board. This presentation will provide insights into the complex world of ERISA (Employee Retirement Income Security Act of 1974). Understanding these rules is of increasing importance with the recent class action litigation over voluntary benefits and the Federal government’s new rules for pharmacy benefit managers. Practitioners will learn how the fiduciary oversight developed for retirement plans can be expanded to all ERISA covered benefits.

Learning Objectives:

  1. Explain how to identify the ERISA fiduciaries at your organization
  2. Provide a summary of the responsibilities and pentalties ERISA fiduciaries face, especially in the context of current legal environment
  3. Summarize best practices for ERISA fiduciaries relative to retirement plans, voluntary benefits, and self-funded health insurance
Mike Smoots provides retirement plan consulting, including investmentadvice and employee education. He regularly presents to HR audienceson these topics as well as class action litigations against retirement plans. Mike graduated from Kansas State University with a bachelor’s degree and earned his juris doctor from the University of Kansas.
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