Labour market · 26/11/2025

Proposed Exemption for Certain Prohibited Transactions Involving Hawai'i Pacific Health and Its Subsidiary, Straub Clinic & Hospital Located in Honolulu, Hawaii

The US Department of Labor is considering an exemption that would allow Hawai'i Pacific Health Retirement Plan to sell a parcel of land to Straub Clinic & Hospital for at least $16,247,000 or 10% more than the property's appraised value, potentially avoiding ERISA and tax code restrictions.