Cuba Launches Pilot Project for Worker Cooperatives

On December 11, the Cuban government announced new rules for cooperatives designed to increase the number of worker-owned businesses in a move expected to be part of a shift toward free markets.

UPenn Program for ESOP Company Executives

The Center for Organizational Dynamics at the University of Pennsylvania will again host "the first and only program anywhere formally addressing the relationship between the distinctive nature of ESOP companies and the effectiveness of leaders." The program consists of two week-long sessions, on

Only 40% of Private Sector Workers Are in Retirement Plans

Data from the authoritative Employee Benefit Research indicates that only 48.8% of all private sector workers aged 21-64 worked for a company that sponsored a retirement plan, and just 39.6% participated in the plan. The rates vary considerably by age, income, and the size of the employer.

New Roles in Congress for ESOP Supporters

In the 113th Congress, long-time ESOP supporters such as John Boehner (R-OH), Eric Cantor (R-VA), and Debbie Stabenow (D-MI) retain their leadership roles, and several pro-ESOP legislators are taking new roles.