Jump to content

Recommended Posts

Guest CudaLarry
Posted

Does anyone have any thoughts on the propriety of the following situation:

Employer makes a contribution to an ESOP for an Employee. The contribution is subject to a vesting schedule.

The Employee's compensation plan states that the Employee is required to pay the cost of the employee's retirement benefits. The amount of the company's ESOP contribution is deducted from the employee's pay.

Any thoughts on the legality of this?

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...

Important Information

Terms of Use