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Not surprisingly, the economic difficulties we are facing have resulted in a significant increase in the number of often desperate calls we get from people who say they never got their ESOP distributions or, less often, the equity rights they were promised—or, if they got them, they were not what

We have just started work on a book of things not to do in an ESOP. We'll be covering a whole range of bad choices, from the imprudent to the ill-considered to the illegal, in each case basing a general principle on one or more brief case histories (often anonymous).

The Hamilton Project released the report Building on What Works: A Proposal to Modernize Retirement Savings by John Friedman of Brown University.

The recently passed pension reform bill accelerates vesting requirements for all defined contribution plans.

In an important decision, the U.S. Circuit Court of Appeals for the Third Circuit ruled that an employee who had been cashed out of a 401(k) plan nonetheless had standing to sue over questions about the prudence of investments in company stock. The decision in Graden v.

This month’s download for members is something many companies have already adopted (and something that we have heard is a need for many others): ownership rights and responsibilities. 

Thomas Friedman, the influential columnist for the NY Times and author (most recently) of the best-selling book The World Is Flat provides a ringing endorsement for broader employee ownership.

The April 8 issue of Time features a story titled "We're All the Boss," highlighting how "giving workers stock helps a firm only if it also gives them a say." The story reflects NCEO research on the impact of employee ownership on employee and corporate success with employee ownership.

The NCEO is conducting a survey of private, non-ESOP companies that grant equity to employees, as well as a separate survey of venture capital and other investor groups in these companies.

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