by Jeff Chang | Sep 25, 2020 | Fiduciary Duties, Investments, Plan Administration
Over the past several months, we have seen a number of public agency clients struggle through the process of evaluating and selecting a retirement plan adviser based only on generic questionnaires, a few phone calls, and an occasional video conference. It’s hard to...
by Jeff Chang | Aug 2, 2018 | Plan Administration
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 number of reasons...
by Jeff Chang | Apr 9, 2018 | Plan Qualification
As the name suggests, “employee benefit plans” are for employees. However, in today’s increasingly outsourced economy, it is not always easy to figure out which of your workers are your employees for benefit purposes. A proliferation of staff-leasing,...
by Jeff Chang | Jan 29, 2018 | Pension, Social Security
There are two ways in which state and local government employees can receive a “rude awakening” from the Social Security Administration: Through the application of the Windfall Elimination Provision and/or the Government Pension Offset. Because the loss of a...
by Jeff Chang | Jul 9, 2014 | Health Coverage, Retiree Health
Now that the general economic situation and public agency finances appear to be improving, a number of municipalities and special districts are once again looking at their unfunded OPEB (other post-employment benefits) liabilities with an eye to getting these...
