89 FR 32260 — Amendment to Prohibited Transaction Exemption 2020-02 ERISAFinal Rules (FR)Apr 25, 2024★ strong match
Treasury. This clarification was in the preamble to the December 2020 grant of PTE 2020-02, and the Department is now adding it to the operative text. Although the proposed broader recordkeeping condition is consistent with other exemptions, the Department understands commenters' concerns that broader access to the doc…
88 FR 75979 — Proposed Amendment to Prohibited Transaction Exemption 2020-02 ERISAProposed Rules (FR)Proposed Nov 3, 2023related by meaning
t believes these proposed conditions would provide important protections to Retirement Investors by enhancing the existing protections of PTE 2020-02. Effective Date
PTE 2020-02 was originally published on December 18, 2020, and it became effective on February 16, 2021. The Department proposes that the amendment to PTE…
89 FR 32122 — Retirement Security Rule: Definition of an Investment Advice Fiduciary ERISAFinal Rules (FR)Apr 25, 2024
…y Duty—Evidence from Variable Annuities, 35(12) The Review of Financial Studies 5334-5486 (December 2022),
https://academic.oup.com/rfs/article-abstract/35/12/5334/6674521.
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564.
Id.
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565.
Cerulli Associates,
U.S. Annuity Markets 2022: Acclimating to Industry Trends and Changing…
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
this provision undermines the careful balance of labor relations in this country and argued that it is preempted by the National Labor Relations Act. After consideration of the comments, the Department has deleted the proposed recordkeeping requirements applicable to Section VII of PTE 86-128. However, as with PTE 202…
90 FR 3667 — Prohibited Transaction Exemption (PTE) 2002-51 To Permit Certain Transactions Identified in the Voluntary Fiduciary Correction Program ERISAFinal Rules (FR)Jan 15, 2025★ strong match
…262 (April 19, 2006).
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3.
5 U.S.C. App.
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4.
87 FR 71164 (Nov. 21, 2022).
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5.
87 FR 70753 (Nov. 21, 2022).
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6.
Enacted on December 29, 2022, as Division T of the Consolidated Appropriations Act, 2023, Public Law 117 328, 136 Stat. 4459 (2022).
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91 FR 4348 — Improving Transparency Into Pharmacy Benefit Manager Fee Disclosure ERISAProposed Rules (FR)Proposed Jan 30, 2026
…e based on health determinants derived from physical health and mental health summary scores of the 2022 MEPS.
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303. The MEPS Mental Health Score (MCS) and Physical Health Score (PCS) are standardized health-related quality of life scores from the VR-12 Assessment. The scores are adapted to a health ut…
89 FR 32302 — Amendment to Prohibited Transaction Exemption 84-24 ERISAFinal Rules (FR)Apr 25, 2024★ strong match
llips 66 Company Located in Houston, TX (87 FR 23245, Apr. 19, 2022); PTE 2022-03, Comcast Corporation Located in Philadelphia, PA (87 FR 54264, Sept. 2, 2022); PTE 2022-04, Children's Hospital of Philadelphia Pension Plan for Union-Represented Employees Located in Philadelphia, PA. (87 FR 71358, Nov. 22, 2022).
Back t…
88 FR 75890 — Retirement Security Rule: Definition of an Investment Advice Fiduciary ERISAProposed Rules (FR)Proposed Nov 3, 2023
… Compensation Survey: Retirement Plan Provisions For Private Industry Workers in the United States, 2022, Table 6, (April 2023),
https://www.bls.gov/ebs/publications/retirement-plan-provisions-for-private-industry-workers-2022.htm.
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166.
Board of Governors of the Federal Reserve System,
Financial Ac…
89 FR 4662 — Procedures Governing the Filing and Processing of Prohibited Transaction Exemption Applications ERISAFinal Rules (FR)Jan 24, 2024
…(July 3, 2002).
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11.
See, e.g.,
PTE 2020-02 (85 FR 82798, December 18, 2020); PTE 2022-02 (87 FR 23245, April 19, 2022); PTE 2022-03 (87 FR 54264, September 2, 2022); and Proposed Exemption for Morgan Stanley & Co. LLC, and Current and Future Affiliates and Subsidiaries, Application No. D-11955 (86 FR…
91 FR 16088 — Fiduciary Duties in Selecting Designated Investment Alternatives ERISAProposed Rules (FR)Proposed Mar 31, 2026
…ion
131.
EBSA tabulations of audited plans in the BrightScope database.
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132.
The 2022 Statistics of U.S. Businesses states that there are 910 direct life insurance carriers. Only life insurers that provide group annuities would be affected by the proposal. According to the National Association of Ins…
87 FR 62751 — Posting of Hearing Transcript Regarding Proposed Amendment to Exemption Procedures Regulation and Closing of Reopened Comment Period ERISAProposed Rules (FR)Proposed Oct 17, 2022
…the reopened comment period closes. The Department held the virtual public hearing on September 15, 2022, and eight organizations were represented at the hearing. The Department reopened the Rule's comment period on the hearing date.
In accordance with the August 22, 2022
Federal Register
notice, the Department is here…
88 FR 17466 — Reopening Comment Period for the Proposed Amendment to Prohibited Transaction Class Exemption 84-14 (the QPAM Exemption) ERISAProposed Rules (FR)Proposed Mar 23, 2023
until October 11, 2022 in a
Federal Register
Notice published on September 9, 2022 [3]
and received 31 comment letters.
In that same
Federal Register notice of September 9, 2022, the Department announced on its own motion that it would hold a virtual public hearing on November 17, 2022 (and if necessary, on November 1…
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
the IRFA by October 11, 2022, the same deadline as the extended comment period for the Proposed Amendment.
In the September 7, 2022,
Federal Register notice, the Department announced that it would hold a virtual public hearing on its own motion on November 17, 2022 (and if necessary, on November 18, 2022), to provide …
82 FR 57664 — 18-Month Extension of Transition Period and Delay of Applicability Dates; Best Interest Contract Exemption (PTE 2016-01); Class Exemption for Principal Transac… ERISAFinal Rules (FR)Dec 7, 2017related by meaning
, correct footnote 66 to read “
See, e.g.,
Comment Letter #121 (HSBC North America Holdings Inc.); Comment Letter #124 (Morgan, Lewis & Bockius LLP).” 2. On page 56559, second column, add the following language to the end of Congressional Review Act discussion: “Although the CRA generally requires that major rules beco…
87 FR 73822 — Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ERISAFinal Rules (FR)Dec 1, 2022
…lan Bulletin: Abstract of 2020 Form 5500 Annual Reports,
Employee Benefits Security Administration (2022; forthcoming), Table D3.)
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254.
Hannah Orowitz, Rajeev Kumar, and Lee Ann Hagel, “An Early Look at the 2022 Proxy Season,”
The Harvard Law School Forum on Corporate Governance
(7 June 2022),
https:/…
87 FR 51299 — Reopening of Comment Period and Hearing Regarding Proposed Amendment to Procedures Governing the Filing and Processing of Prohibited Transaction Exemption Appl… ERISAProposed Rules (FR)Proposed Aug 22, 2022
…exemption filing and processing procedures.
DATES: The public hearing will be held on September 15, 2022, and (if necessary) September 16, 2022, via WebEx beginning at 9 a.m. EDT. Requests to testify at the hearing should be submitted to the Department on or before September 8, 2022. The Department will reopen the comm…
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…
90 FR 4192 — Voluntary Fiduciary Correction Program ERISAFinal Rules (FR)Jan 15, 2025
…Department is not required to seek public comments on changes to an enforcement policy, in November 2022, EBSA published proposed revisions to the VFC Program with a request for public comments. The Department also proposed amendments to PTE 2002-51 for coordination. Additionally, because the VFC Program includes infor…
87 FR 56912 — Initial Regulatory Flexibility Analysis for Proposed Amendment to Prohibited Transaction Class Exemption 84-14 (the QPAM Exemption) ERISAProposed Rules (FR)Proposed Sep 16, 2022
…nalysis
The Department published a proposed amendment to PTE 84-14 (the QPAM Exemption) on July 27, 2022 (the Proposed QPAM Amendment).[1] The Department originally provided a 60-day comment period in the Proposed QPAM Amendment, which was scheduled to expire on September 26, 2022. The Department then extended this ini…
91 FR 9213 — Requirement To Provide Paper Statements in Certain Cases-Amendments to Electronic Disclosure Safe Harbors ERISAProposed Rules (FR)Proposed Feb 25, 2026
…General Assumptions
Description
Assumption
Source
Number of Defined Contribution (DC) Plans
754,862
2022 Form 5500 Data.1
Number of Defined Benefit (DB) Plans
46,508
2022 Form 5500 Data.
Number of Participants and Beneficiaries Receiving Regular Statements
2
152,365,031
2022 Form 5500 Data.
Number of Service Providers…