Rynek pracy · 11/27/1995

Proposed Class Exemption To Permit Certain Authorized Transactions Between Plans and Parties in Interest

This document contains a notice of pendency before the Department of Labor (the Department) of a proposed class exemption from the prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code of 1986 (the Code). The proposed class exemption would apply to certain prospective transactions between employee benefit plans and parties in interest where such transactions are specifically authorized by the Department and are subject to terms, conditions and representations which are substantially similar to exemptions previously granted by the Department. If granted, the proposed exemption would affect plans, participants and beneficiaries of such plans and certain persons engaging in such transactions.