To amend the Employee Retirement Income Security Act of 1974 to permit employee stock ownership plan participants to benefit from the full amount of beneficial ownership that can be accrued in the plan while also fully realizing the benefits of saving for retirement in a defined contribution plan.

This bill would change a federal retirement law to allow workers who participate in employee stock ownership plans to get the full benefits of owning company stock through that plan while also getting the full benefits of saving for retirement in another type of retirement savings plan. No official summary is available for this bill.

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