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AB 1383 proposes changes to PEPRA that would increase future pension benefits and costs for affected public agencies. The bill has passed the California Legislature and awaits the Governor’s action. Learn how proposed changes to compensation limits, formulas, and employee contributions could affect your agency.
Read moreWe’re excited to be exhibiting at the 41st IBEW International Convention, taking place September 21–25 in San Diego, California. Come visit the Rael & Letson team at booth #406 and learn more about our commitment to serving the electrical industry and the people who power our communities.
Read moreParticipants can't benefit from information they never receive. Learn how a multi-channel communication strategy—supported by accurate contact information—helps multiemployer health plans improve engagement, increase awareness of available benefits, and ensure important health information reaches participants when it matters most.
Read moreWe're growing our Health Benefits practice and are looking for talented professionals to join Rael & Letson. If you're ready to collaborate with experienced consultants and actuaries, grow your career, and make a difference for multiemployer benefit plans, visit our Careers page to explore our current openings.
Read moreA recent U.S. Supreme Court decision provides important guidance for multiemployer pension plan trustees, employers and advisors regarding how withdrawal liability is calculated under ERISA. The ruling addresses a long-debated issue: when actuarial assumptions must be selected for purposes of determining an employer’s withdrawal liability.
Read moreMental health challenges are increasingly affecting both participants and health plans, driving higher healthcare costs, missed work, and reduced productivity. This insight explores how Trusts can better support mental health through accessible plan design, early intervention resources, and ongoing communication that encourages participants to seek help before reaching a crisis point.
Read moreLower-cost oral GLP-1 weight loss drugs are changing the conversation around coverage for self-funded health plans. This insight examines the clinical benefits, financial considerations, and long-term challenges plan sponsors should evaluate before making coverage decisions.
Read moreRael & Letson employees recently participated in NAMIWalks Seattle to raise awareness for mental health and help reduce stigma. Thanks to the generosity of colleagues, friends, and family, the team raised more than $1,500 to support NAMI’s free mental health programs and services.
Read moreRael & Letson employees are joining NAMIWalks Seattle on May 31 to support mental health awareness, advocacy, and access to resources for individuals and families affected by mental illness. Learn how you can walk with us, join our team, or donate to support NAMI’s mission and help reduce the stigma around mental health.
Read moreEffective communication can make all the difference in how participants understand and use their benefits. See how a targeted, multi-channel strategy helped one fund increase engagement, reduce confusion, and deliver measurable results.
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