April 26, 2013 • 11:00 am
With tax reform and the President’s budget provision in circulation (more information here), we wanted to share several options for staying on top of Association news.
Website – all information is posted to The ESOP Association’s website. Check the ESOP Bulletin under Advocacy and the News section on the homepage for the latest information.
ESOP Association Blog – government affairs information is posted here as it happens. There is an email subscription feature on the homepage. You’ll be notified by email when new information is posted. The RSS feed is another option for updates.
Facebook and LinkedIn – information and links to information are posted to the Association’s Facebook page and LinkedIn group for members to stay involved.
YouTube Channel – when important information is announced, additional commentary is posted to the Association’s YouTube Channel.
Email – emails to the membership will continue on important issues.
As information breaks, the Association will share information in several forms and in several places to reach members.
Got questions? Let us know.
Filed under: Government Affairs, Member Services, Member Services, News
March 13, 2013 • 10:41 am
Member Services Information
The following article is authored by Jeffrey Gelburd, CPCU, ARM, Vice President of Murray Securus, located in Lancaster, PA. Mr. Gelburd developed The ESOP Association endorsed Executive Liability Insurance Program in 1989. Information about the program can be found on the Association’s website here. For additional information, please contact Mr. Gelburd directly at 717-620-2476 or by email at firstname.lastname@example.org.
Effective January 1, 2013, Murray Securus, the administrator of The ESOP Association’s affinity insurance program insuring over 250 ESOPs around the country and Great American Insurance Company introduced a new policy endorsement that expands the fiduciary liability insurance protection available to Association members.
The insurance policy extensions available through this endorsement are as follows:
- Will cover civil penalties under HIPPA, 502(c) of ERISA, the Pension Protection Act of 2006, the Patient Protection and Affordable Care Act (PPACA) and certain penalties under the Internal Revenue Code and ERISA
- Now covers certain expenses associated with numerous voluntary compliance resolution programs administered by the IRS, PGBC and DOL
- Will include the cost of hiring an outside trustee as part of the defense costs on a covered claim.
- Expands the definition of covered Wrongful Acts to include claims made against the insured solely by reason of their status as a settlor of a covered Plan.
- Provides contingent bodily injury coverage for claims involving the denial or delay of benefits under a Welfare Plan.
- Expands coverage to those plans that are maintained in a jurisdiction outside of the United States.
This endorsement is available in most states and can be offered to new policyholders or to current insured’s in The ESOP Association’s affinity program at the time of their next policy renewal.
These coverage extensions are being made available exclusively through Murray Securus.
Filed under: Member Services, TEA Members, ESOP Association Members, Fiduciary Insurance Program, Member Services, The ESOP Association’s Executive Liability Insurance Program
November 6, 2012 • 1:00 pm
You read that correctly. The ESOP Association has launched a new website. Check out the all new www.esopassociation.org. There are new section headers and easier navigation to help you find what you need faster. An improved Chapter section and easily accessible calendar provide access to information in your area and a news segment on the homepage gets you up to speed on ESOP information.
A quick walk through the new website:
Meet & Learn — Meetings information for both national and Chapter events; publications (print and electronic versions) including all technical and communications information offered by the Association and the ESOP Report newsletter; the online learning tool, the ABCs of ESOPs
Explore — Information on how ESOPs work and industry statistics; links to the Association’s Issue Briefs; and an employee ownership news section which contains an archive of the Association’s latest press releases
Advocate — Advocacy Kits; Government affairs information and the ESOP bulletin; links to additional government affairs commentary on YouTube and the Association’s Blog; Employee Ownership Month information; information on the ESOP PAC; and media assistance guidelines for Association members
Network — ESOP Experts; the Membership Directory; ESOP Yellow Pages; Online Board Registry; and social networking links to connect with the Association
Chapters — Chapter events and links to individual Chapter pages
About the Association — How to contact the Association; information on the ESOP Awards; how to join and member benefits; and sponsorship and advertising information
Additionally, the new website will also be accessible on smartphones and tablets through mobile and responsive design versions that will make navigation easier.
If you have questions about the new website, please let us know: email@example.com.
Filed under: Member Services, ESOP Association News, Member Services, New Website
The 2012 Summer Advocacy and Congressional Company Visit Kits are now available for download on The ESOP Association’s website. Links for the Kits are located under News on the right side of the homepage. Links are also posted below:
2012 Summer Advocacy Kit
2012 Summer Congressional Company Visit Kit
Filed under: Government Affairs, Publication, Government Affairs, Member Services, Summer 2012 Advocacy Kit, Summer 2012 Congressional Company Visit Kits
As a member service, The ESOP Association provides a registry to companies who request names of those individuals willing to serve on a company’s board. This registry is a list of potential board members that are knowledgeable about and familiar with ESOPs and employee ownership.
Members of The ESOP Association can be listed free of charge in the registry. To be listed, participants must be employed at or retired from a current ESOP Association member company, or be a current member of the Association in any member category.
There is no charge for the registry if requested by a member of the Association.
If you would like to be included in this registry, contact Sharon Spencer at SharonATesopassociation.org.
The registry can be found on The ESOP Association’s website, www.esopassociation.org, in the members only section.
Filed under: Member Services, Member Services, Members Only Section of The ESOP Association's Website, Outside Board Registry
The 2012 ESOP Association Membership Directory is now ‘live’ on the Association’s website. The full directory is accessible in the members only section of the website.
Looking for an expert on ESOPs? The ESOP Experts listing can be found here.
Want to find ESOP companies in your area or your line of business? The ESOP Yellow Pages listing can be found here.
To request a hardcopy of the Directory, members email your request to firstname.lastname@example.org.
Filed under: Member Services, 2012 ESOP Association Membership Directory, ESOP Experts, ESOP Yellow Pages, Member Services