Tearing Down the Silos: Health Care and Retirement Spending−What Is the True Cost?

SHRM 2017 Annual Conference & Exposition

Workplace Application: You will learn the advantage of viewing employer benefit spending on health care and retirement plans as one pool of spending.

PowerPoints/Handouts Available

This session will show how you can reduce long-term health care cost by helping your employees better prepare for retirement. The discussion will center around changing how companies view health care and retirement benefits in silos to a holistic benefits approach. The increased long-term cost in health care due to employees working beyond normal retirement age could be viewed as an unfunded liability. This liability simply replaces an unfunded but quantifiable retirement liability with an ill-defined unfunded healthcare liability. You will learn:

How employee retirement readiness or lack thereof impacts corporate healthcare spending.
Why breaking down the silo approach to benefits is critical to managing costs and will allow you to make benefit spending decisions strategically as opposed to reactively.
Why true retirement readiness matters.
How to measure the true cost and benefit of your health care and retirement programs .
Why a holistic approach to benefits is good for your company and your employees.

Date(s) & Time(s):

Monday, June 19, 2017 - 7:00am to 8:15am

Presenter:

Kevin Mahoney, CIMA

Managing Director, Investments and Senior Institutional Consultant

Raymond James

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As founder of Corporate Advisors Group, Kevin Mahoney joined Raymond James as a Managing Director, Investments and Senior Institutional Consultant in 2015. Kevin brings over 25 years’ experience in the financial services industry. His areas of expertise include fiduciary risk management, ERISA issues, qualified and non-qualified retirement plans, liability driven investing, philanthropic services, employee education and communication.

Kevin led the launch of SHRM 401(k) Solutions by Raymond James. SHRM 401(k) Solutions by Raymond James offers fiduciary investment advisory services to SHRM’s ecosystem. We help employees make meaningful progress towards their financial goals and employers meet their fiduciary responsibilities.

SESSIONS:

Location:

283-285

Amount of Credit:

1.25

Credit Type:

•SHRM PDCs

Session Type:

Concurrent Session

Competency:

Critical Evaluation

Business Acumen

Intended Audience:

Senior-Level

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