by Jeff Chang | Mar 31, 2021 | 401(a), Fiduciary Responsibilities, Plan Administration, Plan Qualification
By Jeff Chang Having worked with dozens of cities and special districts, we are familiar with the focus and attention placed on memorandums of understanding (MOUs) and management employment contracts – especially provisions relating to retirement benefits and...
by Jeff Chang | Sep 3, 2020 | 401(a), Income Tax, Retiree Health
By Jeff Chang A recently issued IRS private letter ruling may provide public agencies and their employees with another way to give employees more control over the types of retirement benefits they will eventually receive. As we previously reported, governmental...
by Jeff Chang | Jun 23, 2020 | Health Coverage, Income Tax, Retiree Health
By Jeff Chang Given the current circumstances, many public agencies are finding ways to use health reimbursement arrangements as creative and cost-effective benefits for their employees and former employees. As explained in earlier posts, HRAs possess a number of...
by Jeff Chang | May 27, 2020 | Income Tax
By Jeff Chang Public agency employers trying to recruit or retain highly skilled or highly paid younger workers (e.g., doctors, nurses, IT specialists, engineers) may want to take advantage of a limited employer-paid benefit under the CARES Act. This limited-time...
by Jeff Chang | May 11, 2020 | 401(a), 457(b) Plans, Retiree Health
By Jeff Chang As the harsh realities of the coronavirus pandemic, along with its widespread impact on all aspects of daily life, continue to shock and numb us all, many cities have already been identified as “high risk” from a financial stability perspective by the...
