7. Proposed 2018 Plan Renewals | |
Handle: | Version-81067 |
Owner: | Newcomb, Kellee (User-147, 02075:EVERETT)DS |
Monday, August 21, 2017 02:31:08 PM PDT | |
Sunday, September 10, 2017 11:36:07 PM PDT | |
Modified By: | |
- HEALTH WEALTH CAREER AUGUST 23, 2017 Sean White Wade Symons Nick Albert Katrina Wang Seattle EVERETT SCHOOL EMPLOYEE BENEFIT TRUST 2018 RENEWAL REPORT Copyright © 2017 Mercer (US) Inc. - All rights reserved. - 4 EXECUTIVE SUMMARY INTRODUCTION Funding 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 coverage Affordability Analysis • 2018 CDH contributions will be unaffordable in accordance with ACA employer-shared responsibility... | |
1 | |
Appears In: | 7. Proposed 2018 Plan Renewals |