Recapping a Congressional visit at Newport Harbor Corporation; update on the chapter Fall Conference; list of upcoming events.
The ESOP Association
ESOP Association Resources
Resource, ESOP Report, Legal Update, Ownership Advantage, Washington Report, President's Corner, Releveraging, Foundation
Sep. 01
Ownership culture runs deep at Gardener's Supply Company, the 2018 ESOP Company of the Year.
Sep. 02
The Employee Retirement Income Security Act (ERISA) passes to address public concern that private pension plan funds were being mismanaged, and officially recognizes employee stock ownership plans (ESOPs). While employee ownership and equity (stock) plans have existed prior to this point, ERISA launches them formally as qualified retirement plans (QRPs) under federal law thereby subjecting them to regulation by the U.S. Department of Labor and the IRS.