Featured Jobs
|
Nova 401(k) Associates
|
|
July Business Services
|
|
EPIC RPS
|
|
Merkley Retirement Consultants
|
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
|
|
DWC ERISA Consultants LLC
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
BPAS
|
|
Compensation Strategies Group, Ltd.
|
|
BPAS
|
|
The Pension Source
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
CalPERS Pays Out $65 Million in Medical Benefits and Another $2 Million Per Month in Premiums For 'Ineligible' Individuals
Benefit Revolution 
Nov. 17, 2014 "Dependent audits are always a good idea on large plans. No matter how diligent a plan sponsor is, some dependent fraud occurs.... It is not uncommon for employees to bilk an employer out of 5% to 15% of a plan's total cost with phony dependents. And now we learn that the California taxpayer has been paying $2 million a month in premiums and a total of $65 million in claims for fraudsters to cover unqualified individuals in CalPERS." MORE >> |
| Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |