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    <title>The Federal Register</title>
    <link>http://thefederalregister.com/b.p/agency/Employee_Benefits_Security_Administration/2007-12-13/</link>
    <description>Daily Publications of Meetings and Rules Changes for the Federal Government</description>
    <pubDate>Tue, Dec 2 2008 11:00:00 GMT</pubDate>
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  <title><![CDATA[  Proposed Class Exemption for Plan Fiduciaries When Plan Service  Arrangements Fail To Comply With ERISA Section]]></title>
  <link>http://thefederalregister.com/d.p/2007-12-13-E7-24063</link>
  <description><![CDATA[ This document contains a notice of pendency before the 
Department of Labor (the Department) of a proposed class exemption from 
certain prohibited transaction restrictions of the Employee Retirement 
Income Security Act of 1974 (the Act or ERISA). If granted, the 
proposed exemption would relieve a plan fiduciary from engaging in a 
transaction that constitutes a prohibited furnishing of services to an 
employee benefit plan. The exemption would apply to a plan fiduciary 
who enters into (or extends or renews) a written contract or 
arrangement for the provision of services to an employee benefit plan 
by a service provider to the plan when the resulting contract or 
arrangement between the plan and the service provider fails to 
constitute a ``reasonable contract or arrangement'' due to the service 
provider's failure to comply with its contractual obligation to 
disclose certain information as required by 29 CFR Sec.  2550.408b
2(c)(1), as amended (``disclosure obligations''). The proposed 
exemption, if <script type="text/javascript">
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  <guid>http://thefederalregister.com/d.p/2007-12-13-E7-24063</guid>
  <pubDate>Thu, Dec 13 2007 11:00:00 GMT</pubDate>
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