In Amgen Inc. v. Harris, 577 U.S. ___, No. 15-278 (Jan. 25, 2016), the Supreme Court for the second time reversed the Ninth Circuit's decision on the prudence of continuing to hold employer stock in Amgen's 401(k) plan.
The Employee Plans subgroup of the IRS Advisory Committee on Tax Exempt and Government Entities (ACT) is conducting its 2015/2016 project on the IRS's decision to eliminate most determination letters for individually designed plans.
Jared Bernstein, the former chief economic advisor to Joe Biden and an influential thinker among left-leaning policy makers, released a report on January 26 titled Employee Ownership, ESOPs, We
Progress Through Business, a nonprofit organization, has launched a new website, Progress Daily, with daily updates on a number of topics connecting business with social welfare, including employee ownership.
On March 16, the Beyster Institute at UC San Diego will host an online seminar to help companies successfully start educational programs for employee-owners.
IRS Notice 2016-03 confirms that "expiration dates on determination letters issued prior to January 4, 2016 are no longer operative." More on this will be in the forthcoming newsletter and at the NCEO's
The Employee Plans subgroup of the IRS Advisory Committee on Tax Exempt and Government Entities (ACT) is conducting its 2015/2016 project on the IRS's decision to eliminate most determination letters for individually designed plans.
Todd Jones, who began his career at Publix Supermarkets 36 years ago as a store clerk, will become the company's CEO in April. Publix has consistently been ranked #1 on the NCEO list of majority employee-owned companies.
