Healthcare Alert! Reminder of Transitional Reinsurance Program Submission
Read the latest update on the Transitional Reinsurance Program timing and payment schedule.
Oct 26, 2015
The Transitional Reinsurance Program is in the second year of the 3 year program which is funded by a per covered member fee paid by most* group health plans to the...
Read more
No COLA May Cause Heartburn for Some Medicare Beneficiaries
The Social Security Administration recently announced that Social Security beneficiaries will not receive cost of living adjustments (COLA) in 2016.
Oct 23, 2015
The Social Security Administration recently announced that Social Security beneficiaries will not receive any cost of living adjustment (COLA) in 2016. For most Social Security beneficiaries, a hold harmless provision will...
Read more
PBGC Solvency Projections Improve
The Pension Benefit Guarantee Corporation (PBGC), the government agency that insures private-sector defined benefit pension plans, just released its 2014 Projections Report.
Oct 19, 2015
The Pension Benefit Guarantee Corporation (PBGC), the government agency that insures private-sector defined benefit pension plans, just released its 2014 Projections Report. Each year the PBGC runs thousands of projection simulations...
Read more
Pensioner’s Are Not Expected to Live as Long as Previously Thought
The 2015 mortality tables have been released. Here's what you need to know.
Oct 12, 2015
On October, 8, 2015, the Society of Actuaries (the “SOA”) released an updated mortality improvement scale for pension programs called Scale MP-2015. Incorporating two additional years of mortality data from the...
Read more
Cash Balance Plans, Are They Worth It?
Learn what a cash balance plan is and why they are worth it.
Oct 05, 2015
Question? If Cash Balance (CB) plans have been around since the mid 1980’s, why are they growing at a rate of 30% while 401(k) plans are only growing at 3%? Answer:...
Read more
How BPAS Supports Our Troops
Read how BPAS has been honoring our military through a variety of charities and other fundraising efforts with this infographic.
Sep 28, 2015
At BPAS, we are grateful to the men and women who served, and are currently serving, in our military forces. Our employees honor these brave men and women through a variety...
Read more
GASB 68 Employer Allocation for NYSERS Report
Learn about the GASB68 report and how it will affect you.
Sep 21, 2015
New York State has the third largest pension fund in the United States with $184.5 billion in audited net assets (March 31, 2015) held in trust for pension benefits. There are...
Read more
Reports Highlight Serious Concerns with Multiemployer Pension Plan Funding
The funded status of the US multiemployer pension plan (MEPP) system continues to be an area of concern. Read more and find out how BPAS can help you.
Sep 08, 2015
The funded status of the US multiemployer pension plan (MEPP) system continues to be an area of concern. There are roughly 1,200 plans in the system covering 10 million participants and...
Read more
PBGC and IRS Release Guidance on Multiemployer Plan Partitions & Benefit Suspensions
PBGC and IRS Release Guidance on Multiemployer Plan Partitions & Benefit Suspensions
Aug 24, 2015
The Pension Benefit Guaranty Corporation (PBGC) and the Internal Revenue Service (IRS) recently released temporary, proposed, and interim final regulations providing a framework for multiemployer plans that are in critical &...
Read more
2015 BPAS Partner Conference Slide Presentations
View the presentations from the 2015 BPAS Partner Conference.
Aug 17, 2015
As many of you know, the BPAS Annual Partner Conference is a national event we host for the benefit of our financial intermediary partners. This year, we spent three days at...
Read more