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| Public Policy Tipoffs Involving Hawaii Newsletter for 2026-08-24 ( 1 items ) |
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Federal Register: Labor Dept. Grants Employee Retirement Income Security Act Exemption Permitting Property Sale to Straub Clinic & Hospital (10)
WASHINGTON, Aug. 22 (TNSFR) -- The U.S. Department of Labor Employee Benefits Security Administration issued the following action in the Federal Register.
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This exemption permits the Hawai'i Pacific Health Retirement Plan to sell property to Straub Clinic & Hospital for the greater of $16,247,000 or 110% of the Appraised Value of the Property as of the date of the sale. Absent this exemption, the Sale would violate certain prohibited transaction restrictions of the Employee Retirement Income Security Act of 1974 (ERISA) and/or the Intern more PR
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