Washington, D.C. – The ESOP Association (TEA) today exercised its rights under the Administrative Procedure Act to petition the U.S. Department of Labor (DOL) to undertake a long-delayed rulemaking essential to the formation and ongoing operation of ESOPs. Since 1974, the Department of Labor has steadfastly refused to fulfill requirements of the Employee Retirement Income Security Act (ERISA) in violation of Congressional direction and stakeholders’ rights under the Administrative Procedure Act (APA).
The ESOP Association
ESOP Association Resources
Feb. 17
Todd Bransky, or “Mr. ESOP,” as he is known to his fellow employee owners, is a Systems Integration Specialist for Folience, which is based in Cedar Rapids, Iowa. He is a passionate advocate for employee ownership and an IT expert with more than 22 years of experience.
Feb. 05
New COVID-19 guidelines from the DOL's OSHA are now available online.
Feb. 02
At NCM Associates, strong relationships—with employee owners and with customers—are an essential part of the business.
ESOP Blog, Resource
Jul. 31
You can never have too many friends in Congress. Politics is inherently changeable, and while it may seem that members of Congress have a job for life, in every session many are replaced—sometimes unexpectedly.
Some announce their retirement while others are defeated in primaries or elections. Some resign for health concerns and some leave for other factors entirely. Whatever the reason, a significant number of elected officials don’t return the following session.
Some announce their retirement while others are defeated in primaries or elections. Some resign for health concerns and some leave for other factors entirely. Whatever the reason, a significant number of elected officials don’t return the following session.