John C. Khil

Advise hundreds of employers in the tax treatment and fiduciary obligations relating to the design, investment, and maintenance of plans, including profit sharing, 401(k), money purchase, defined benefit, target benefit, age-weighted, cash balance, ESOPs, and other plans.

Advise public and private corporations in nonqualified deferred compensation plans and executive compensation, including SERPs stock options, stock appreciation rights, phantom stock, rabbi trusts, golden parachutes, and excess benefit plans.

Handle leveraged employee stock ownership plan transactions for public corporations from acquisition of stock to disposition of stock upon takeover. Structure succession of closely held corporations through tax-deferred sale of stock to ESOPs.

Advise jointly administered Taft Hartley welfare and pension funds, including qualified 401(k), pension, and VEBA plans, on all facets of tax, fiduciary, and ERISA law compliance.

Represented financial institution in obtaining favorable closing agreement with IRS for failure to timely adopt and amend prototype retirement plan and IRA documents on behalf of customers.

Advise tax-exempt health care organizations and other charitable entities in compliance with special deferred compensation requirements such as Sections 457 and 403(b).

Obtained $30 million pension plan funding waiver from IRS relating to employer's financial distress. Structure hundreds of plan terminations and obtain IRS and Pension Benefit Guaranty Corporation (PBGC) approvals.

Advised public corporation in structure and implementation of early retirement window benefit program, including treatment of age discrimination issues.

Advise employers on postretirement medical benefits, cost containment methods, and funding methods for purposes of FAS 106. Draft VEBA and nonqualified plans providing postretirement medical benefits.