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Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
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Sentinel Group
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Plan Administrator, Defined Benefit & Cash Balance The Pension Source
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Employee Ownership Update for November 28, 2006
National Center for Employee Ownership [NCEO]
Nov. 28, 2006
NCEO Executive Director Corey Rosen discusses several developments: Rahm Emanuel's new book argues no CEO should get options unless all workers get options; new EBRI data shows just 56.8% of working adults between ages 21 and 64 are eligible for a retirement plan and only 45.1% actually participate in a plan; an Equilar study finds a trend toward safe-harbor ESPPs with no lookbacks and a 5% or less discount; and the NCEO is working on a project on ESOPs and 401(k)-ESOPs in public companies.
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