Segal Company News
For information about hot topics, or to set up an interview with a Segal expert, reporters should click here.
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Joseph A. LoCicero, President and CEO of The Segal Company, has announced the promotion of seven executives: Jeffrey Litwin, Jason M. Adwin, Richard Berger, Steven C. Greenspan, Alan Sofge, Miriann Lee Yoo and Harold Zazula.
Read the complete announcement here
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An article by Kevin Wolfe titled "Is Your Fund's Web Site Ready for the 21st Century?" appears in the July 2008 issue of Benefits & Compensation Digest. This article discusses the essentials of creating a well-designed, user-friendly Web site for your benefit fund.
Read "Is Your Fund's Web Site Ready for the 21st Century?"
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The Segal Company has announced an agreement with Benefit Informatics to expand electronic claims audit capabilities for clients. Benefit Informatics is a healthcare technology company that provides application services to organizations administering and servicing employee benefit plans.
Read the complete announcement here
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The Segal Company is pleased to announce that Andrew Sherman has been elected President of the New England Employee Benefits Council (NEEBC), New England’s largest provider of benefits resources and education.
Read the complete announcement here
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Joseph A. LoCicero, President & CEO of The Segal Company, has announced that Sibson Consulting, the firm’s HR consulting division, has agreed to a strategic alliance with Morneau Sobeco, a leader in employee benefits administration outsourcing solutions. The firms will collaborate on offering benefits administration outsourcing services to Sibson clients, and employee benefits and HR consulting services to Morneau Sobeco clients in the U.S.
Read the complete announcement here
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Cathie G. Eitelberg, Senior Vice President and National Director of The Segal Company’s Public Sector Market, has announced that Kevin J. Carrington joined the firm’s Washington, DC office as Vice President and Senior Consultant. Mr. Carrington is leading Segal’s Federal Practice and is based in the Company’s Washington DC office, as well as working with public sector entities in the East Region.
Read the complete announcement here
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Joseph A. LoCicero, President and CEO of The Segal Company, has announced that Margery Sinder Friedman was named General Counsel effective May 1. Ms. Friedman joined Segal in January. Before that, she spent nearly 30 years as an attorney working with pension and health plans in private practice at a major Washington, DC law firm.
Read the complete announcement here
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An article by Cathie G. Eitelberg, titled "Public-Sector Employers Find Alternative Medicine for Retiree Benefit Liabilities" appears in the February 2008 issue of Government Finance Review. This article explores alternatives to "pay-as-you-go" funding for other post-employment benefits (OPEB).
Read "Public-Sector Employers Find Alternative Medicine for Retiree Benefit Liabilities"
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An article by Steven F. Cyboran, titled "Paid Time Off: Is It Right for Your Organization?" appears in the April 2008 issue of workspan. This article discuss the benefits of paid time off (PTO) programs and outlines steps for creating a successful PTO program.
Read "Paid Time Off: Is It Right for Your Organization?"
Sidebar: "Case Study: Absence Management"
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Segal recently conducted a Survey of Dental Coverage to determine the current state of that coverage. The survey reveals there are opportunities to reevaluate dental plan designs in order to lower costs and/or add value to dental coverage.
Read our press release for key findings
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Retiree health voluntary employees’ beneficiary associations (VEBAs) have been in the news lately as one way to cover retiree health care. These VEBAs basically are trusts established to provide retiree health benefits to current and/or future retirees and have generally been established as part of collective bargaining. The trusts are administered by a board of trustees or an administrative board and may have company, union and/or retiree participation in a board.
Stuart Wohl, senior vice president at The Segal Company and retiree health care practice leader, points out some of the things that Retiree Health VEBAs can and cannot do in recent commentary.
Read Stuart Wohl's complete commentary
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The Government Accountability Office recently released a Report to the Committee on Finance of the U.S. Senate: State and Local Government Retiree Benefits – Current Status of Benefit Structure, Protections, and Fiscal Outlook for Funding Future Costs. Cathie G. Eitelberg, Senior Vice President and Public Sector Market Director for The Segal Company noted that as part of the study, Segal consultants were interviewed several times by the GAO as experts on public sector benefits, and Segal's Public Sector Medicare Part D survey is listed as a resource document in the study.
View the Segal survey
View the full GAO report
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Two of Segal’s senior consultants, David Blumenstein and Clifford Routh, have had their article, “Multiemployer Defined Benefit Pension Plans, Why Their Future Looks Strong,” published in the November 2007 issue of the IFEBP’s Benefits & Compensation Digest.
Read “Multiemployer Defined Benefit Pension Plans, Why Their Future Looks Strong”
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The Segal Company is pleased to announce that it recently received a 2007 Web Award for Outstanding Achievement in Website Development from the Web Marketing Association. The award was presented jointly to Segal, its Web design partners, Polar Design and its client, the Massachusetts Laborers’ Benefit Funds.
Learn more about the award
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The Segal Company is pleased to announce that Kathleen Riley, Senior Vice President and Actuary, has been elected to the Board of Directors of the American Academy of Actuaries for a three-year term. Ms. Riley, who has more than 25 years experience with Segal, works out of the Boston office with a wide variety of retirement plan clients. She is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary.
