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Paul L. Porretta is a partner in the Employee Benefits and Executive Compensation Practice Group of Pepper Hamilton LLP, resident in the New York office.
Mr. Porretta focuses his practice on a wide range of services related to 401(k) plans, pension plans, multiemployer plans, employee stock ownership plans (ESOPs) and ERISA issues. In addition, he has extensive experience with executive compensation, executive employment arrangements, equity-based compensation, health and welfare plans and HIPAA compliance.
Mr. Porretta advises clients on the design, implementation and ongoing compliance of retirement and pension plans. His services include drafting plan documents, trust agreements and plan amendments; preparing IRS determination requests; advising on fiduciary, plan administration, funding and withdrawal liability issues; and correcting compliance failures through IRS and Department of Labor programs.
His executive compensation services include designing and drafting equity-based compensation plans, supplemental executive retirement plans (SERPs) and other forms of deferred compensation. He also advises clients on Internal Revenue Code section 409A and golden parachute issues and regularly negotiates and drafts executive employment and separation agreements.
In the areas of health and welfare plans, Mr. Porretta advises clients on plan design and operation, COBRA issues and cafeteria plan compliance. He also works with clients on documenting HIPAA privacy procedures and training.
Before joining Pepper, Mr. Porretta was a partner with Morrison Cohen LLP and an assistant general counsel at MetLife. He started his legal career as an associate at Thelen Reid Brown Raysman & Steiner LLP.