Governmental Employees and Public Pension Plans

Reid and Riege advises governmental employers on structuring their retirement plans to comply with the particular tax qualification rules that pertain to governmental plans and also with other federal, state, and local laws that apply to these plans.  In addition, we help governmental employers structure nonqualified retirement plans that meet the special standards for tax favored treatment that are applicable to governmental employees in accordance with Internal Revenue Code Section 457.

We recently assisted a governmental employer in implementing a "window plan" within its tax qualified pension plan pursuant to which particular groups of older employees received special incentives to retire without violating federal or age discrimination laws.

For additional information, contact John J. Jacobson (860) 240-1006, jjacobson@reidandriege.com, John V. Galiette (860) 240-1009, jgaliette@reidandriege.com or Ron J. Koniuta (860) 240-1034, rkoniuta@reidandriege.com.