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WELCOME
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In this ever-changing world of employee benefits, Conrad
Siegel Actuaries is a proven leader in
providing exceptional employee benefit consulting and administrative services. Our
firm uses sound actuarial principles combined with a fee-based philosophy to provide
you with practical, cost-effective solutions for the employee benefit challenges
you face–always with your best interest in mind.
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TESTIMONIALS
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Conrad Siegel Actuaries
offers StreamLink, Online Employee Benefits to simplify benefits administration,
enrollment and communication. Because StreamLink is web based, the system can be
accessed from any computer making benefits enrollment and administration simple.
"It would not be a stretch to say we have redirected a significant percentage
of our HR resources away from benefits administration to more strategic benefits
initiatives," says
Bill Holloway, Director of Benefits & Wellness at HACC's main campus.
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To read more of what our clients are saying about Conrad
Siegel Actuaries,
click here.
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Click here to learn more about:
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StreamLink, Online Employee Benefits is a web-based employee benefits system that
streamlines benefit enrollment, communication and administration.
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WHAT'S NEW
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Pension Accounting Update
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Defined benefit pension plans subject to prepare June 30, 2010
Pension Accounting Disclosures have seen greater liabilities over the past two years,
in part due to declining discount rates. The discount rate, which is used to determine
the liabilities of the plan, must be based on current market conditions.
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Click here to learn
more.
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2010 Pension Relief Act
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On June 25, 2010, President Obama signed the Preservation of
Access to Care for Medicare Beneficiaries and Pension Relief Act of 2010. This new
law allows a sponsor of a single-employer defined benefit pension plan to elect
in any two plan years from 2008 to 2011 extended amortization periods of that plan
year’s losses.
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Click here
to learn more.
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Health Care Reform Bill Update
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Grandfathered Plans
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Grandfathered Health Plans will be able to make routine changes
to their policies and maintain their Grandfathered status according to guidance
released Monday June 14, 2010. The Interim Final Rules for Group Health Plans and
Health Insurance Coverage Relating to Status as a Grandfathered Health Plan under
the Patient Protection and Affordable Care Act states that routine changes include
cost adjustments to keep pace with medical inflation, adding new benefits, making
modest adjustments to existing benefits, voluntarily adopting new consumer protections
under the new law, or making changes to comply with State or Federal laws.
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Click here to learn
more.
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Health Care Reform Bill Update
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Early Retiree Reinsurance Program
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The Early Retiree Reinsurance Program, part of the recently
enacted health care legislation, reimburses employers for high claims experienced
within a retiree medical program. The government has recently released guidance
on the program which begins June 1, 2010. Funds available for reimbursement are
limited and will be distributed on a first come, first served basis; therefore,
if you’re interested in participating in the program, you will need to act quickly.
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Click here to learn more.
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