|NCUA Issues Final Rule For Golden Parachute and Indemnification Payments|
|Wednesday, 30 November 2011 08:09|
The NCUA today issued a rule finalizing the interim final rule issued in June for golden parachute and indemnification payments to institution affiliated parties. The interim final rule made technical corrections to Part 750 of NCUA’s rules and clarified that post-employment payments pursuant to qualified 457 plans are excluded from the definition of “golden parachute payment.” The final rule issued today adopted the interim final rule without change. Read More.