Segal Consulting dedicates specialized capabilities to the servicing of union staff plans, and we proudly help more than 50 staff benefit programs sponsored by international unions. Many of the design and operational features of jointly-trusteed and union staff benefit plans that are now considered standard are innovations Segal created. View our company timeline to learn more about our innovations.
Staff plans are unique. These plans, which cover union staff and officers, are sometimes designed like traditional multiemployer plans, while other times they are more similar to single-employer (or corporate) plans. Segal offers expert insight about the spectrum of plan characteristics and features in many types of plans and will work with you to determine the best solutions for your staff plan. Our advice and recommendations allow our clients to make their decisions in the broader context of how other staff plans are designed. In addition, our ability to aggregate data from our client base enables us to assess trends and offer staff plans timely and valued advice on emerging developments.
Our services for Fund Office/Union Staff Plans Expertise include:
Segal helps union staff plans reduce health care costs arising from today’s challenging health care environment.
Our consulting team includes experienced actuaries, insurance experts, claims auditors, managed care experts and client managers who are dedicated to helping staff plans address their unique health and welfare benefits challenges. Our specific services include:
Segal offers unmatched retirement consulting expertise as a result of our 75 years in the industry. Segal’s retirement experts carefully track the issues that staff plans are facing today, such as monitoring compliance requirements.
Our consultants apply their technical expertise in pension design and their knowledge of the specific economic, business and demographic trends impacting employers and union members when solving client problems. Retirement consulting services we provide include:
Segal expertise helps plan sponsors navigate the maze of federal, state and local laws and regulations related to benefit plans.
Our Washington-based compliance staff of health and pension law, experts maintain close relationships with government agencies and this allows them to respond to questions quickly and efficiently. We follow legislative developments carefully and update clients on new laws. Our compliance services include:
We encourage our clients to contact Segal whenever a question arises about an issue that can affect their plan. However, because Segal does not practice law, if a legal issue arises, you should supplement the information and observations that we offer by contacting your attorneys for authoritative legal advice.
Our national communications experts partner with our clients to develop targeted and effective communications that clearly and consistently promote the value of staff benefit programs.
Regardless of how good a staff plan's benefits program may be, if participants don't understand their benefits or recognize their worth, they will not see their value and will not use these benefits to their maximum advantage. Our communicators are seasoned professionals with extensive experience in diverse communications disciplines and are especially proficient in staff plan benefits communications and consulting. Our communication experts assist clients with:
Whether it is through improving work processes, maximizing the use of technology or recruiting and restructuring internal resources, our administration and technology solutions allow clients to:
Our services include:
We also assist health plans with Health Insurance Portability and Accountability Act (HIPAA) compliance efforts, including Electronic Data Interchange (EDI), privacy and security compliance.
Sibson Consulting, a member of The Segal Group, specializes in providing sponsors of staff benefit plans with human capital services, which are tailored to the particular needs of each client.
Sibson Consulting offers comprehensive human capital consulting services. Working with organizations in many industries gives us the ability to provide insight to our clients across a broad spectrum of human resource and employee benefit issues. Our client offerings in this area include:
Performance and Rewards
Sibson helps clients develop effective pay and performance programs that address the specific needs of organizations and their employees. Rather than coming in with a pre-established solution, we partner with our clients to create customized pay and performance programs that align with their strategic objectives and help manage the performance and productivity of their employees. We have over fifty years of experience designing client-tested programs that employees find easy to understand and both human resources and managers find easy to administer.
Sibson consultants have broad and deep expertise in helping higher education institutions with:
Segal Marco Advisors is a leading global investment solutions firm. The firm has been in operation for 45 years and is one of the largest U.S.-based investment solutions firms. Segal Marco Advisors provides objective, independent investment advice and builds implemented platforms without the conflicts associated with directly managing money.
Segal Marco Advisors services include:
Segal Select Insurance, Inc. provides insurance brokerage services relative to fiduciary liability, ERISA fidelity bonds, employment practice liability and cyber liability.
Segal Select Insurance, a subsidiary of The Segal Group, is the largest retail insurance broker dedicated to fiduciary liability insurance and fidelity bonds for multiemployer and union staff plans. We are also experts in employment practice liability insurance and cyber liability insurance. We offer extensive experience obtaining insurance policies that offer broad coverage and competitive premiums.