This bill expands the Advisory Council on Employee Welfare and Pension Benefit Plans by adding representatives from employee ownership organizations and creates an Office of Employee Ownership.
Employee Ownership Representation Act of 2025This bill expands the membership of the Advisory Council on Employee Welfare and Pension Benefit Plans to include two representatives of employee ownership organizations. The advisory council generally advises and makes recommendations to the Department of Labor about the department's functions under the Employee Retirement Income Security Act of 1974 (ERISA).
