This course explores the legal milieu and public policy aspects of non-cash compensation arrangements for employees, including pension and profit-sharing plans, medical coverages, and executives’ deferred compensation, through statutory analysis in light of rapidly developing case and administrative law. With primary emphasis on the Employee Retirement Income Security Act (ERISA) and the federal tax code’s influence on these systems, the course examines the ways in which they are affected by, among others, the law of employment discrimination, bankruptcy, insurance, and securities. Considerable attention is given to the most pressing current policy issues, such as the crises in health care and pension funding and the inhibiting effect of deficit-driven tax law changes.

This upper level substantive course explores the legal, regulatory and policy aspects of noncash compensation arrangements for employees.

Open to Tax LL.M. students.

Recommended for the Following Professional Pathways: Corporate Transactions and Governance; International Business; Labor and Employment (Corporate Perspective); Tax; Trusts and Estates; Family Law; Government/Public Sector; Labor and Employment; Media, Entertainment, Sports, Fashion; General Practice – Litigation/Dispute Resolution; General Practice – Transactional

2 Credits