Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Compass
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Loan & Distribution Specialist AimPoint Pension
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San Francisco Adopts Fully Paid Parental Leave (PDF)
Buck [Guidance Overview] May 10, 2016
"[C]overed employers will have to pay eligible employees 'supplemental compensation' -- the difference between the employee's gross weekly wage and state PFL benefits, up to a certain cap -- to augment their income while on baby bonding leave. Based on the PFL's current wage replacement rate of up to 55 percent, employers would have to pick up the tab for the remaining 45 percent.... When the PFL wage replacement rate increases to 60 percent or 70 percent (depending on the employee's earnings) in 2018, San Francisco employers would see a corresponding reduction in their supplemental compensation obligation."
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