ERISACourt RulingsJan 20, 1998
…g annual
rates were applicable during the course of this transaction:
December 1988, 8.40%; January 1989, 9.01%; February, 9.30%; March,
9.30%; April, 9.62%; May, 9.82%; June, 9.39%; July, 8.86%; August,
8.34%; September, 8.07%; and October, 8.45%. The average annual
rate over this period was 8.96%. This is the rate I …
81 FR 21181 — Amendment to and Partial Revocation of Prohibited Transaction Exemption (PTE) 86-128 for Securities Transactions Involving Employee Benefit Plans and Broker-De… ERISAFinal Rules (FR)Apr 8, 2016related by meaning
tion.
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14.
67 FR 64137 (October 17, 2002).
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15.
See
Advisory Opinion 2011-08A (June 21, 2011).
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16. As noted above, for purposes of this amendment, the terms “Individual Retirement Account” or “IRA” mean any account or annuity described in Code section 4975(e)(1)(B) t…
81 FR 21147 — Amendment to and Partial Revocation of Prohibited Transaction Exemption (PTE) 84-24 for Certain Transactions Involving Insurance Agents and Brokers, Pension Co… ERISAFinal Rules (FR)Apr 8, 2016related by meaning
the definition of a Fixed Rate Annuity Contract, and the revocation of the exemption as it applies to IRA purchases of investment company securities. The amendments and revocations affect participants and beneficiaries of plans, IRA owners, and certain fiduciaries and service providers of plans and IRAs.
DATES:
Issuanc…
89 FR 23090 — Amendment to Prohibited Transaction Class Exemption 84-14 for Transactions Determined by Independent Qualified Professional Asset Managers (the QPAM Exemption) ERISAFinal Rules (FR)Apr 3, 2024★ strong match
…tor.htm.
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63.
See
Financial Institutions Reform, Recovery, and Enforcement Act of 1989, Public Law 101-73 (1989).
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64.
This includes possibly seeking individual exemption relief in such circumstances.
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65.
Available at:
87 FR 45204 — Proposed Amendment to Prohibited Transaction Class Exemption 84-14 (the QPAM Exemption) ERISAProposed Rules (FR)Proposed Jul 27, 2022★ strong match
… enter into a party in interest transaction with its plan but leaves the ultimate determination and review to a QPAM.
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37. Proposed Amendment to PTE 84-14, 68 FR 52419, 52423 (Sept. 3, 2003).
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38.
For purposes of these changes, the Department used March 1984 and December 2021 as the re…
81 FR 21208 — Amendments to Class Exemptions 75-1, 77-4, 80-83 and 83-1 ERISAFinal Rules (FR)Apr 8, 2016related by meaning
…when the fiduciary acts with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of an enterprise of a like character and with like aims, based on the investment objectives, risk toleranc…
ERISACourt RulingsNov 18, 1994
…filing)[5] ." In Spalding's case, the date on which the penalty
calculation must begin is August 1, 1989, the day after the
original July 31, 1989 filing deadline for the Forms 5500s. The
regulations do not provide for deviations from this starting date
for penalty calculations. The regulations do permit a tolling of
t…
88 FR 76032 — Proposed Amendment to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128 ERISAProposed Rules (FR)Proposed Nov 3, 2023related by meaning
, including as part of a comment responding to the broader proposal. Comments are due by January 2, 2024 to ensure their consideration.
PRA Addressee: Address requests for copies of the ICR to James Butikofer, Office of Research and Analysis, U.S. Department of Labor, Employee Benefits Security Administration, 200 Cons…
ERISACourt RulingsFeb 2, 1993
…nt is the
requirement for an annual report presented on Form 5500 sponsored
jointly by the Internal Revenue Service, the Pension and Welfare
Benefits Administration and the Pension Benefits Guaranty
Corporation. Respondent filed its Form 5500 for the year 1988 with
the Internal Revenue Service on July 21, 1989. The IRS…
ERISACourt RulingsJun 9, 2000
…r the 1989 plan year for the merged
plan.
[Page 2]
The reports were first submitted to the
Internal Revenue Service ("IRS") as required by the Act. In
reviewing these reports, the IRS requested clarification of a
number of issues. Of relevancy to this matter, the IRS specifically
ERISACourt RulingsMar 20, 1995
…pac
Inc./Libby Lee Toys, Inc., 401(k) 1989 Annual Report (Exhibit A). PWBA rejected the report
upon review because the 1989 report did not contain the report of an independent qualified
certified public accountant ("IQPA"), as required under 29 C.F.R. § 2520.101-1(b).
Respondent was notified that under ERISA §§ 104(a)(…
88 FR 76004 — Proposed Amendment to Prohibited Transaction Exemption 84-24 ERISAProposed Rules (FR)Proposed Nov 3, 2023related by meaning
v
website), including as part of a comment responding to the broader proposed rule. Comments are due by January 2, 2024 to ensure their consideration. PRA Addressee:
Address requests for copies of the ICR to James Butikofer, Office of Research and Analysis, U.S. Department of Labor, Employee Benefits Security Administr…
ERISACourt RulingsFeb 1, 1993★ strong match
… 5500 annual
reports for Plan FF, Plan AA, and Plan HH on or about July 31,
1989, with the Internal Revenue Service (IRS).
4. None of the 1988 annual reports filed on or
about July 31, 1989, for the three plans included an independent
qualified public accountant's report (IQPA report) on any of the
plans.
5. On or abou…
81 FR 43430 — Department of Labor Federal Civil Penalties Inflation Adjustment Act Catch-Up Adjustments ERISAFinal Rules (FR)Jul 1, 2016
…dingly, the amount of the increase is not limited by the statutory cap. Consequently, § 578.3(a) is revised to increase the maximum penalty for a repeated or willful violation of section 6 (minimum wage) or section 7 (overtime) of the FLSA from $1,100 to $1,894 per violation.
Conforming changes to reflect the adjusted …
89 FR 32346 — Amendment to Prohibited Transaction Exemptions 75-1, 77-4, 80-83, 83-1, and 86-128 ERISAFinal Rules (FR)Apr 25, 2024related by meaning
oregoing, this condition does not apply to a trustee (other than a nondiscretionary trustee) that satisfies Section III(h) and (i) of this exemption.” III. Section IV(b)(1) is deleted, and Sections IV(b)(2) and (3) are redesignated as Sections IV(b)(1) and (2).
IV. Section IV(c) is amended to read as follows:
(c) Recap…
ERISACourt RulingsAug 25, 1995
… resigned from the MPEHA Board of
anagers on July 20, 1988. (J-Ex. 11).
23. On or about December 9, 1989, Respondent AMCI was
incorporated in the State of Missouri. (Stip. Fact 18; J-Ex.
12).
24. From December 9, 1987 through December 31, 1989,
Respondent Taggart was the president and a director of Respondent
AMCI. (St…
81 FR 20946 — Definition of the Term “Fiduciary”; Conflict of Interest Rule-Retirement Investment Advice ERISAFinal Rules (FR)Apr 8, 2016related by meaning
…-1, Parts II-V; PTE 77-4; PTE 80-83; PTE 83-1: PTE 84-24; and PTE 86-128.
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54.
The revoked exemptions include PTE 75-1, Parts I(b) and (c); PTE 75-1, Part II(2); and parts of PTE 84-2 and PTE 86-128.
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55.
81 FR 47534 — Proposed Revision of Annual Information Return/Reports ERISAProposed Rules (FR)Proposed Jul 21, 2016
nation demonstrations in the IRS determination letter process.
See
Rev. Proc. 2015-6, 2015-1 I.R.B. 198 and Announcement 2011-82, 2011-52 I.R.B. 1052. The IRS also added other IRS-only questions to the 2016 Forms 5500 and 5500-SF in order to address various compliance issues. Specifically, there are new questions as to…
29 C.F.R. § 2550.408b-1(d) — General statutory exemption for loans to plan participants and beneficiaries who are parties in interest with respect to the plan. ERISARegulationsJan 1, 2017
…of the person or positions authorized to administer the participant loan program;
(d)(2)(ii) (ii) A procedure for applying for loans;
(d)(2)(iii) (iii) The basis on which loans will be approved or denied;
(d)(2)(iv) (iv) Limitations (if any) on the types and amount of loans offered;
87 FR 73822 — Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ERISAFinal Rules (FR)Dec 1, 2022related by meaning
ion
15.
85 FR 72846 (Nov. 13, 2020).
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16.
85 FR 81658 (Dec. 16, 2020).
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17.
29 U.S.C. 1104(a).
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18. 59 FR 32606 (June 23, 1994) (appeared in Code of Federal Regulations as 29 CFR 2509.94-1). Prior to issuing IB 94-1, the Department had issued a number of letters conce…