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7. Proposed 2018 Plan Renewals
Handle: Document-90309
Owner: Newcomb, Kellee (User-147, 02075:EVERETT)DS
Monday, August 21, 2017 02:31:08 PM PDT
Monday, August 21, 2017 02:31:08 PM PDT
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  • HEALTH WEALTH CAREER
AUGUST 23, 2017Sean WhiteWade SymonsNick AlbertKatrina WangSeattleEVERETT SCHOOLEMPLOYEE BENEFITTRUST2018 RENEWAL REPORT Copyright © 2017 Mercer (US) Inc.
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EXECUTIVE SUMMARYINTRODUCTIONFunding Status • Projected 2018 deficit of $2.5M if no changes made • Leads to projected year-end reserve of $3.4M; 1.3 months of expense • Mercer prepared alternate scenarios which yield 1.5 and 2.0 months of expense coverageAffordability Analysis • 2018 CDH contributions will be unaffordable in accordance with ACA employer-sharedresponsibility...
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7. Proposed 2018 Plan Renewals.pdf
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Appears In: August 23, 2017 Meeting
Preferred Version: 7. Proposed 2018 Plan Renewals