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  J. Stephen Caflisch
  General Counsel


Mr. Caflisch is General Counsel of Fiduciary Counselors Inc. He has more than twenty years of experience in employee benefits.

Mr. Caflisch advises Fiduciary Counselors on all aspects of its work. He is a member of the company’s Litigation Committee and Benefits Committee, and has taken a leading role in engagements involving stable value funds, review of settlements for compliance with Department of Labor Prohibited Transaction Exemption 2003-39, filing claims on behalf of plans in securities settlements, and allocating the proceeds of securities claims.

Before joining Fiduciary Counselors in 2005, Mr. Caflisch was an employee benefits consultant at Price Waterhouse, specializing in qualified and non-qualified plans with an emphasis on qualified retirement plans. He handled matters for clients in a wide range of industries, including steel and transportation, that involved complex issues such as compliance, deductions, due diligence in corporate transactions, taxation of distributions, potential liabilities for employee benefits in bankruptcy, funding obligations, PBGC claims, plan termination and restoration, and withdrawal liability.

Prior to his work at Price Waterhouse, as a Special Counsel for Bankruptcy at the Pension Benefit Guaranty Corporation, Mr. Caflisch worked on issues involving both single-employer and multiemployer plans. He reviewed significant PBGC filings in bankruptcy proceedings and represented the PBGC in complex litigation and claims. He was on the team that successfully defended the withdrawal liability provisions of the Multiemployer Pension Plan Amendments Act of 1980 in nationwide litigation before the United States Supreme Court.

Mr. Caflisch also has experience in the fiduciary and tax aspects of employee pension plans as a Senior Associate with the law firm of Reed Smith Shaw & McClay in Washington, DC.

Mr. Caflisch received his B.A. cum laude from Harvard University and his J.D. from Georgetown University Law Center, where he was a member of the Georgetown Law Journal. He is admitted to practice law in Maryland and in the District of Columbia.



Steve Caflisch
General Counsel
Fiduciary Counselors Inc.
One Metro Center
700 12th Street NW, Suite 700
Washington, DC 20005
Tel: (202) 558-5149
Email: stephen.caflisch@fiduciarycounselors.com


Fiduciary Counselors Inc.
700 12th Street NW, Suite 700   |   Washington, DC 20005   |   Telephone: 202.558.5130   |   Fax: 202.558.5140

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