ELIZABETH A. SAINDON
Elizabeth Saindon’s interest in representing working people began while growing up in a union household where her teacher mother and plumber father were both union members. Since graduating law school, Ms. Saindon has represented multiemployer benefit plans and labor organizations for nearly thirty years. In doing so, she provides the full range of legal services to her clients. She has counseled Trustees on a myriad of complex issues, successfully prosecuted and defended numerous lawsuits on behalf of her clients, successfully navigated the IRS’s VCP process, and overseen transition in her client plans’ administration, accounting and actuarial professionals. She has also counseled plans through mergers and significant plan design changes. Her client funds have over $1.6 billion in assets.
Among Ms. Saindon’s notable accomplishments is her work in helping to secure the PBGC’s approval of a pre-MPRA partition request, one of only three that PBGC ever granted, and the subsequent merger of the surviving portion of the plan into one of our client plans. Further, Ms. Saindon is lead counsel in the Firm’s representation of the terminated portion of the plan that is now receiving financial assistance from the PBGC. Ms. Saindon also arranged with the PBGC and the sponsoring union for the appointment of an independent fiduciary to replace the Board of Trustees, compensated by the PBGC, when those Trustees wished to resign from the Board.
Ms. Saindon has also guided plan Trustees through an investment loss due to the fraudulent actions of one of its investment managers. The individual managers were ultimately convicted and sentenced to prison, and Ms. Saindon secured a full reimbursement from the Fund’s Fiduciary Dishonesty Policy.
Ms. Saindon earned her J.D. from American University's Washington College of Law in 1991, where she served as Managing Editor of The Administrative Law Journal. Ms. Saindon served as law clerk for the Hon. Nan R. Shuker of the Superior Court of the District of Columbia from 1991 to 1992. Ms. Saindon earned her B.S., magna cum laude, from the University of Florida in 1988, where she was inducted into Phi Beta Kappa.
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Washington, DC 20036
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