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DOL Advisory Opinion Allows Plan Sponsor to Keep Demutualization Proceeds Under Group Annuity
Employee Benefits Security Administration [EBSA], U.S. Department of Labor [DOL] 
Apr. 28, 2003 AO 2003-05A, 4/10/03. DOL's description of the request: 'Whether under ERISA [the employer] is entitled to retain the demutualization award paid to [the employer] by Principal for a group annuity contract that was purchased in connection with the termination of a retirement plan that had been established and maintained by [the employer]. MORE >> |
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