Under the Affordable Care Act (ACA), applicable large employers must offer affordable health coverage to full-time employees or be subject to an employer shared responsibility payment. This provision applies to an employer with an average of 50 or more full-time equivalent employees in the prior...
Based on consumer price index data for June, the Senior Citizens League (SCL) – one of the nation’s largest nonpartisan senior groups – estimates the cost-of-living adjustment (COLA) for Social Security beneficiaries could reach 10.5% for 2023. This would be the highest increase in 42...
The first monkeypox case in the U.S. during the current global outbreak was identified on May 18, 2022. In early August, the Centers for Disease Control and Prevention (CDC) reported over 9,400 monkeypox cases. Overall, the global outbreak of monkeypox has led to more than...
On July 15, 2022, the U.S. Department of Health and Human Services announced that the COVID-19 Public Health Emergency declaration has been extended for an additional 90 days. First enacted in January 2020, the latest renewal of this emergency declaration comes as the nation’s daily...
PacFed’s founder Jim Garrison has provided leadership to the employee benefits industry for more than 40 years. Jim officially resigned as president of Pacific Federal, LLC (PacFed) in October 2021 and held a consulting position until July 2022. As he journeys into retirement, we wish...