Decrement Rate Assumptions – What are They?

Key Benefit Concepts About Us, Services

Decrements are events that cause an employee to no longer be employed with you. This could include death, termination, disability, and retirement. Your OPEB valuation reflects the possibilities of each of these decrements through decrement rate assumptions. Towards the end of your report, in a section we title the “Technical Appendix”, you can find details of the decrement assumptions. They …

Are You HIPAA Complaint? If Not, Do you Know Where to Begin?

Key Benefit Concepts About Us, Actuarial

Most of you know the importance of HIPAA compliance. If you are not compliant and an audit occurs, it can be very costly and determinantal to your company. Sometimes it is a struggle making sure everything is compliant and if it is not, you may not know where to begin. That’s where Key Benefit Concepts can help! Key Benefit Concepts …

ASBO and FASBO Conferences 2021

Key Benefit Concepts Conferences, Services

This Year, Key Benefit Concepts will be attending two conferences. ASBO, the first Conference KBC will be attending is from October 13-16 in Downtown Milwaukee, Wisconsin. The second is FASBO, the Florida Conference will held in Orlando this year and the dates for that are October 12-15. ASBO, brings in close to 1,000 different school business leaders from around the …