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Benefits & Administration |
Employers Shifting Focus From Cutting Health Plan Costs |
As November’s presidential election looms near, Mercer asked employers about what they would like to see changed in the Patient Protection and Affordable Care Act (ACA). Eighty-percent of employers with 500 or more employees favor eliminating the excise tax, and 61% favor eliminating the employer mandate or so-called “play or pay” rule, which requires employers with 50 or more employees to offer coverage or face penalties.Read more > |
Funding Drops for City and County Retirement Systems |
The newly released 2016 report from Wilshire Consulting on the funding levels of city and county retirement plans, finds that the funding ratio for the city and county pension plans studied was 70% in fiscal year 2015, down 4 percentage points from fiscal year 2014.Read more > |