Employee Stock Ownership Plans
Shortly after being elected, State Treasurer Richard Mourdock formed an advisory committee comprised of a diverse group of individuals from various professions for the purpose of trying to encourage the growth and expansion of Employee Stock Ownership Programs here in Indiana. An Employee Stock Ownership Program (ESOP) is a qualified, defined contribution employee benefit plan that allows individual employees to become actual owners in the company they work for.
As a former employee-owner of a company in Evansville, State Treasurer Richard Mourdock believes in and has a real passion for ESOPs. In the months to come, State Treasurer Richard Mourdock will be highlighting the benefits of ESOPs to various organizations and associations throughout the State of Indiana.
