Innovations
Examples of our innovations: decades ago, we were among the very first...
- cash balance plans (done right, avoiding attacks, and withstanding scrutiny.)
- innovative retiree medical programs to reduce cash and accounting cost.
- use of VEBA's for retiree medical, and use of pension assets to help fund them.
- careful review of 401(k) fee structures to avoid participant or plan sponsor "rip-offs." We warned of this and wrote articles about it 14 years ago.