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    <title>The Federal Register</title>
    <link>http://thefederalregister.com/b.p/agency/Employee_Benefits_Security_Administration/2003-12-31/</link>
    <description>Daily Publications of Meetings and Rules Changes for the Federal Government</description>
    <pubDate>Sat, Nov 22 2008 11:00:00 GMT</pubDate>
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  <title><![CDATA[  Class Exemption for the Release of Claims and Extensions of  Credit in Connection With Litigation]]></title>
  <link>http://thefederalregister.com/d.p/2003-12-31-03-32191</link>
  <description><![CDATA[ This document contains a final class exemption from certain 
prohibited transaction restrictions of the Employee Retirement Income 
Security Act of 1974 (ERISA or the Act) and from certain taxes imposed 
by the Internal Revenue Code of 1986, as amended (the Code). The 
exemption permits transactions engaged in by a plan, in connection with 
the settlement of litigation. This exemption was proposed in response 
to concerns raised by the pension community regarding the impact of 
ERISA's prohibited transaction provisions on the settlement of 
litigation by employee benefit plans with parties in interest. The 
exemption affects all employee benefit plans, the participants and 
beneficiaries of such plans, and parties in interest with respect to 
those plans engaging in the described transactions.
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  <guid>http://thefederalregister.com/d.p/2003-12-31-03-32191</guid>
  <pubDate>Wed, Dec 31 2003 11:00:00 GMT</pubDate>
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