The document discusses the implications of the U.S. Employee Retirement Income Security Act of 1974 (ERISA) on employee benefit plans and fiduciaries. It outlines the requirements for investment prudence and diversification, prohibited transactions, and potential penalties for non-compliance. The document also mentions exemptions and considerations for governmental, non-U.S., and certain church plans.
doj/DataSet10/EFTA01376325.pdf
{"document_type":"legal","document_subtype":"ERISA Considerations","key_organizations":["Co-Issuers","Initial Purchaser","Trustee","Collateral Administrator","Fiscal Agent","Investment Manager"],"reference_numbers":["Section 3(3)","Section 406","Section 4975","Section 408(b)(17)","Section 4975(dX20)","PTCE 91-38","PTCE 84-14","PTCE 95-60","PTCE 90-1","PTCE 96-23","Section 3(32)","Section 4(b)(4)","Section 3(33)"]}