Labour market · 19/10/2016

Exemptions From Certain Prohibited Transaction Restrictions Issued by the Department of Labor

The Department of Labor has issued exemptions from certain prohibited transaction restrictions under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 (the Code) for several employee benefit plans, including the Michael T. Sewell, M.D., P.S.C. Profit Sharing Plan, Plumbers' Pension Fund, Local 130, U.A., and Sears Holdings 401(k) Savings Plan.