Areas of Practice
- University of Illinois College of Law, J.D., summa cum laude, 1974
- Yale University, B.A., 1969
Bar & Court Admissions
- New York
Chicago IL 60603
TEL: +1 312 577 1234
FAX: +1 312 577 1370
Edward Thomas Veal is senior counsel in Steptoe's Chicago office, where he is a member of the Litigation Department. His practice focuses on ERISA, Labor & Employment matters. Mr. Veal has experience in technical tax and ERISA support in all aspects of retirement plan design and drafting, ERISA fiduciary responsibility and prohibited transactions, employee benefits, and executive compensation.
Prior to joining Steptoe, Mr. Veal was a director with the National Tax Employee Benefits Group of Deloitte Tax LLP. He advised the firm’s practice offices concerning complex tax and ERISA issues involving qualified retirement plans, nonqualified deferred compensation, section 403(b) tax-sheltered annuity plans, welfare benefit plans, and Department of Labor employee benefits requirements. He also assisted clients with Internal Revenue Service and Department of Labor audits and with the correction of qualification defects through the Employee Plans Compliance Resolution System.
Before coming to Deloitte in 1987, he served as director of the Corporate Policy and Regulations Department of the Pension Benefit Guaranty Corporation. There he supervised the preparation of regulations for the PBGC’s single employer and multiemployer programs, developed legislative proposals, drafted opinion letters on pension asset reversions, multiemployer plan employer withdrawal liability and other matters, represented the PBGC on governmental task forces, and was responsible for liaising with Congress and other executive agencies.
Earlier in his career, Mr. Veal was associated with both a Chicago- and New York-based law firm, where he practiced pension plan design and ERISA compliance.
Mr. Veal is a frequent author in professional publications and periodicals, including articles in the New York University Executive Compensation and Employee Benefits Review, the BNA Tax Management Compensation Journal, the Journal of Deferred Compensation, and the Benefits Law Journal. He is also a frequent speaker at meetings of numerous professional societies, including the Western Pension & Benefits Conference, the International Foundation of Employee Benefit Plans, the Society of Actuaries, the American Institute of Certified Public Accountants, the New York Employee Benefits Conference, and the Ohio State University Annual Creative Pension and Benefits Seminar.