Compass
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Regional Vice President of Sales The Retirement Plan Company
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Bates & Company, Inc.
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Amendment to San Francisco's Health Care Law Impacts Use of HRAs
McKenna Long & Aldridge LLP Nov. 1, 2014
"Employers using health reimbursement accounts (HRAs) to satisfy San Francisco's health care mandate may not be able to do so for much longer. The San Francisco Health Care Security Ordinance (HCSO) recently amended its rules to phase out the use of HRAs by 2017. The HCSO requires certain employers to spend a minimum amount of money each quarter on healthcare expenditures on behalf of their covered employees. Employers who use HRAs as a vehicle to meet such requirements must now take action to ensure compliance with the new changes[.]"
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