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Deals & People February 10, 2015
Groom Boosts Plan Funding and Restructuring Group
Employee benefits law firm Groom Law Group expanded its pension plan funding and restructuring practice with the hire of Joshua Shapiro as a senior actuarial adviser.
Reported by PLANADVISER staff
John McGuiness, executive principal at Groom, says the plan funding and restructuring practice works with defined benefit pension plans facing financial difficulties—whether single employer, collectively bargained, or multiemployer plans.
“We are sure Josh’s expertise, from single employer plans to the recent multiemployer funding legislation, will prove particularly valuable with respect to our work for defined benefit plans and their stakeholders,” he notes, adding that now is a challenging time to run a pension plan of any type, healthy or otherwise.
Before joining Groom, Shapiro spent five years as the deputy director for research and education at the National Coordinating Committee for Multiemployer Plans (NCCMP). In that role, he was a principal member of the team that spearheaded a legislative effort that resulted in passage of the Multiemployer Pension Reform Act of 2014. Prior to his work at the NCCMP, Shapiro worked as an actuary at a number of actuarial consulting firms working with pension plans.
Shapiro is a fellow of the Society of Actuaries, a member of the American Academy of Actuaries, and an enrolled actuary.
More information about Groom Law Group is available at www.groom.com.