Captive Intelligence: DoL considers ERISA exemption for pension captive transaction
July 10, 2024
For the first time, the United States Department of Labor (DOL) has tentatively authorized an Employee Retirement Income Security Act (ERISA) exemption regarding pension plan risk transfer to a captive. Spring worked directly with this client through the process and once approved, the client is anticipated to receive $126.4 million in financial benefits from the DOL. Check out Captive Intelligence’s full article here.