| Elizabeth Drake practices in the area of employee benefits and executive compensation, with a focus on Employee Retirement Income Security Act (ERISA) and tax requirements applicable to tax-qualified retirement plans, non-qualified deferred compensation arrangements, health and welfare benefit plans, and fringe benefit programs. She has counseled clients on a wide variety of issues, including plan drafting and design, participant communications, claims administration, nondiscrimination testing, government filings, fiduciary obligations, and issues specific to multiemployer and defined benefit plans. More > Elizabeth Drake practices in the area of employee benefits and executive compensation, with a focus on Employee Retirement Income Security Act (ERISA) and tax requirements applicable to tax-qualified retirement plans, non-qualified deferred compensation arrangements, health and welfare benefit plans, and fringe benefit programs. She has counseled clients on a wide variety of issues, including plan drafting and design, participant communications, claims administration, nondiscrimination testing, government filings, fiduciary obligations, and issues specific to multiemployer and defined benefit plans.
Before joining Miller & Chevalier, Ms. Drake practiced as an associate in the Employee Benefits and Executive Compensation group at Morgan, Lewis & Bockius LLP in Washington, D.C. Prior to her time at Morgan, Lewis & Bockius, she worked at an actuarial and benefits consulting firm in Pittsburgh, PA. < Brief Bio
- Provided advice regarding defined benefit plans of large and mid-size companies, including hybrid plans, with respect to application of Pension Protection Act provisions.
- Provided advice to large and mid-size companies regarding 401(k) plan automatic enrollment provisions.
- Represented an energy company in connection with an IRS technical advice proceeding involving a "greater of" pension formula that the IRS initially viewed as creating a backloading issue, but subsequently relented by issuing Rev. Rul. 2008-7.
- Advised large and mid-sized companies regarding ERISA plan governance, Section 404(c) compliance, and general fiduciary issues.
- Assisted Fortune 500 companies with a variety of pension funding-related issues arising under the Pension Protection Act.
Professional and Community Involvement
- Member, American Society of Pension Professionals and Actuaries
Bar Admissions - District of Columbia
- Virginia
Education - J.D., The George Washington University Law School, with honors, 2003
- B.S., Pennsylvania State University, 1991
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