ESOP Advocacy Issues
For decades Employee Stock Ownership Plans have received unprecedented bipartisan and bicameral support in Congress. This is only possible because of the tireless work of our passionate community. However, there are some fundamental issues that our community must rally around if we want to continue to grow and thrive in the years to come.
Current ESOP Advocacy issues
As with all qualified employee benefit plans, ESOPs are governed by the Employee Retirement Income Security Act of 1974 (“ERISA”).
To ensure equitable representation of historically disadvantaged groups, Congress has provided for programs to support businesses owned by minorities, women, veterans, and other groups.
All defined contribution plans, including employee stock ownership plans (ESOPs), must provide a benefit statement to each participant annually.
Latest Advocacy News
Head of DOL’s Division of Employee Ownership Reinstated
Head of DOL’s Division of Employee Ownership Reinstated
The ESOP Association has been informed that the chief of DOL’s Division of Employee Ownership, Hi
Senate Committee Approves Lori Chavez-DeRemer’s Nomination for Secretary of Labor
President Trump Nominates Longtime Fiduciary Expert Daniel Aronowitz to Lead Employee Benefits Security Administration at DOL
President Trump Nominates Longtime Fiduciary Expert Daniel Aronowitz to Lead Employee Benefits Security Administration at DOL
President Donald Trump today nominated Daniel Aronowitz, President of Encore Fiduciary and a lead
White House Announces Pause on Biden Administration Regulations That Have Not Been Finalized
White House Announces Pause on Biden Administration Regulations That Have Not Been Finalized
Executive Action Pauses, and May Potentially Withdraw, the Announced Adequate Consideration R
U.S. Department of Labor Releases Proposed Regulatory Guidance Regarding ESOP Stock Purchase and Sale Transactions
U.S. Department of Labor Releases Proposed Regulatory Guidance Regarding ESOP Stock Purchase and Sale Transactions
On Thursday, January 16th, the U.S.