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The Kentucky Public Pensions Authority (KPPA), formerly known as The Kentucky Retirement Systems (KRS), [1] is the administrator of defined-benefit pension and insurance plans for most of Kentucky's state and county employees and retirees.
The Employee Benefits Security Administration (EBSA) is an agency of the United States Department of Labor responsible for administering, regulating and enforcing the provisions of Title I of the Employee Retirement Income Security Act of 1974 (ERISA).
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
The company was founded as SHPS in 1997 as a joint venture between SYKES Enterprises and Health Plan Services, and financed by Prudential Financial Services. [1]In December 1997, Prudential Financial Services and SYKES Enterprises, Incorporated formed SYKES Health Plan Services (SHPS), Inc.
A jury has awarded a former Eastern Kentucky hospital employee $2.4 million in damages after she alleged that medical center administrators directed her to convince patients to have themselves ...
In October 2022, Trustmark finalized the sale of its subsidiary, Trustmark Health Benefits, to Health Care Service Corporation (HCSC). [8] Health Benefits is a third-party administrator of health benefits that designs and offers custom plans for mid- to large-sized self-funded customers. In January 2023, Trustmark celebrated 110 years in business.
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