Mr. Storke has over 40 years of experience in the employee benefits field, and specializes in representing regional, state-wide and local multiemployer pension and health and welfare plans, including the Western Conference of Teamsters Pension Trust Fund, the largest Taft-Hartley trust in the United States.
With this background, Mr. Storke has developed substantial expertise in reconciling the diverse and sometimes conflicting perspectives, interests and opinions of the individual trustees serving multiemployer plans so they can overcome the inherent conflicts that arise when trustees are selected by contributing employers and union bargaining representatives and reach a collective decision that conforms to the fiduciary standards of the governing law.
Mr. Storke has considerable knowledge and experience with tax-qualification and other Internal Revenue Code issues for multiemployer pension plans.
He has counseled trustees of financially troubled pension plans on their responsibilities under the funding provisions of the Pension Protection Act and the parties who sponsor those plans on the implications of those funding requirements for their labor negotiations. He was directly involved in crafting the multiemployer funding relief provisions of the Pension Relief Act of 2010.
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