Jump to content

Employee Stock Purchase Plans (ESSP) and Family Medical Leave Act


Recommended Posts

Guest jennifer mitchell
Posted

Is the Employee Stock Purchase Plan a protected benefit plan under FMLA. I was trying to locate certain language related to stock purchase plans under regulation: CFR825.209, but it is not addressed. I'm trying to determine if employees are still eligible to participate in the plan while on leave (FMLA) or can they enroll when the Initial Offering period occurs. Or, if an employee stops contributing while on leave (FMLA), will they receive the same stock price upon returning to work and starting contributions again? Lastly, is it a SEC requirement for employers to address Leave of Absence provisions in their Employee Stock Purchase Plan Questions and Answers Summary Booklet?

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