ACA Changes to Note for 2016
Here are some things you should know about the upcoming Affordable Care Act changes in 2016.
Dec 29, 2015
Delay on Excise Tax “Cadillac Tax” On December 18, 2015, President Obama signed the Omnibus spending bill, which provides a provision to delay the Affordable Care Act (ACA) Excise Tax, “Cadillac...
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BPAS Parent Company, Community Bank System, Inc. Completes Merger with Oneida Financial Corp.
Community Bank System, Inc. parent company of BPAS is expanding its financial footprint in central New York State.
Dec 28, 2015
SYRACUSE, N.Y. — December 7, 2015: Community Bank System, Inc. (“Community Bank System”) (NYSE: CBU), the parent company of Community Bank, N.A., announced today that it completed its merger with Oneida...
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Harbridge Consulting Group to Rebrand Under BPAS
Harbridge Consulting Group, LLC announced that it will consolidate its brand under two fundamental BPAS business lines.
Dec 16, 2015
Syracuse, NY – December 10, 2015. Harbridge Consulting Group, LLC (Harbridge), a BPAS Company, announced that it will consolidate its brand under two fundamental business lines: “BPAS Actuarial & Pension Services”...
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Quickly Approaching Changes for Measuring Retiree Group Benefits
Take a closer look at the changes for measuring retiree group benefits.
Nov 09, 2015
The Actuarial Standards Board has finalized the Actuarial Standard of Practice (ASOP) used in determining liabilities under FASB ASC 715-60 and GASB 45. ASOP No. 6 (ASOP 6) provides guidance and...
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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...
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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...
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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...
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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...
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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 moreRetirement Plan News July-August Edition
Retirement distribution advice July-August edition
Aug 10, 2015
It is common practice for financial services firms to contact 401(k) participants who are nearing retirement to discuss rolling over their 401(k) nest egg into an individual retirement account (IRA). Several...
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