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Best Best & Krieger Public Sector: Employee Benefits & Executive Compensation Practice Page
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Category Archives: Retirement Plans
Recognizing That All “Rates of Return” Are Not the Same
By Jeff Chang As a “baby-boomer” and one of the millions of my generation getting ready for retirement, I’ve naturally begun to focus more on the ups and downs of the stock market and all of the “advice” regarding how … Continue reading
Tagged liability-driven investments, rate of return, retirement investing, sequence of returns
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“Encouraging” the Repayment of Student Loan Debt
By Jeff Chang Many of the public agencies we work with have expressed a strong interest in programs and arrangements that will help or encourage their employees to pay off their student loan debts. These programs can be important recruiting, … Continue reading
Tagged student loan payroll deduction repayment, student loan repayment
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Why You Need to “Monitor” Full-time, Temporary Employees
By Jeff Chang Due to budget restrictions and general hiring freezes, many California public agencies are forced to fill workforce gaps with temporary employees from staffing agencies. This practice, while quite common, is not well-understood — particularly when it comes to … Continue reading
Tagged California wage and hour, Common law employees, Dynamex Operations West, Twenty-factors test
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Time for a Defined Contribution Plan Checkup?
By Jeff Chang Many public sector employers maintain various defined contributions plans (either 401(a) or 457(b)) in addition to their participation in a large, public-defined benefit system, such as CalPERS, CalSTRS or a ’37 Act county plan. There are a … Continue reading
Tagged Plan compliance, Plan review
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They’re Yours, They’re Mine or They’re on Their Own: More On Employee vs. Independent Contractor
By: Jeff Chang Previously, in Yours, Mine or Ours?, we examined the basics of “who” your employees are for employee benefits purposes. We also discussed some of the adverse tax and business consequences that can befall employers who either don’t understand … Continue reading
Tagged California wage and hour, Common law employees, Dynamex Operations West
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