Compliance, Financial Assistance 15 Jan 2025 arizona, erisa, employee benefits, labor unions, apprenticeship programs, prohibited transactions

🏢Exemption for Boilermakers Fund from ERISA Prohibited Transactions

This document gives notice of an individual exemption from certain prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (ERISA). The exemption permits the purchase of a parcel of improved real property (the Property) by the Boilermakers Western States Apprenticeship Fund (the Plan or Applicant) from the "Navajo Nation" Lodge 4 of the International Brotherhood of Boilermakers, Iron Ship Builders, Blacksmith, Forgers, and Helpers (Lodge 4) whose members may be participants in the Plan.

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Compliance, Regulatory Requirements 8 Jan 2025 compliance, business regulation, penalties, erisa, pension, pbgc

⚖️PBGC Announces Civil Penalty Adjustments for 2025 Compliance

The Pension Benefit Guaranty Corporation is required to amend its regulations annually to adjust for inflation the maximum civil penalty for failure to provide certain notices or other material information and for failure to provide certain multiemployer plan notices.

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Regulatory Compliance, Financial Planning 6 Jan 2025 lease exemption, construction industry, erisa, san diego, department of labor, apprenticeship training

🏗️ERISA Exemption for Training Fund Lease in San Diego

This document gives notice of an individual exemption from certain prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974, as amended (ERISA or the Act). The exemption permits the Associated General Contractors of America, San Diego Chapter, Inc. (the Chapter) to lease certain improved real property (the Property) located in San Diego, California to the Associated General Contractors of America, San Diego Chapter, Inc. Apprenticeship and Training Fund (the Plan or the Applicant).

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Compliance, Regulatory Requirements 6 Jan 2025 employee benefits, erisa, insurance, business regulations, department of labor, compliance

📄Compliance Notice

The Department of Labor (the Department), in accordance with the Paperwork Reduction Act, provides the general public and Federal agencies with an opportunity to comment on proposed and continuing collections of information. This helps the Department assess the impact of its information collection requirements and minimize the public's reporting burden. It also helps the public understand the Department's information collection requirements and provide the requested data in the desired format. The Employee Benefits Security Administration (EBSA) is soliciting comments on the extension of the information collection requests (ICRs) contained in the documents described below. A copy of the ICRs may be obtained by contacting the office listed in the ADDRESSES section of this notice. ICRs also are available at reginfo.gov (https://www.reginfo.gov/public/do/PRAMain).

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