Captive Intelligence: DoL considers ERISA exemption for pension captive transaction
July 10, 2024
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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.