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Alight was formed in May 2017 after the acquisition of the benefits outsourcing department of Aon Hewitt by private equity funds affiliated with Blackstone Group L.P. [3] [4] It is headquartered in Chicago, Illinois. [5] [6] In August 2024, Dave Guilmette was hired as a new CEO of the company. [7]
The typical IMRF retiree receives a modest and sustainable benefit, earned after decades of public service. In 2020, 56% of retirees received a benefit of less than $12,000 annually. [2] In 2019, IMRF became the first public pension fund in the nation to receive a Malcolm Baldrige National Quality Award for Performance Excellence.
In March 2007, an overlay plan was created for NPA 630 adding area code 331, and 779 was added to 815. With the depletion of new numbers in area codes 312 and 773, an overlay of both of them, area code 872, was created in November 2009, beginning ten-digit dialing within the city limits of Chicago. The remaining area without an overlay in the ...
In the 2008 edition of Chambers USA, 74 Sonnenschein attorneys were recognized among America's leading lawyers for business. [1] Legal 500 ranked Sonnenschein in 2008 as a leader in Employee Benefits, Insurance, Mergers & Acquisitions, and Real Estate. [12]
While this retirement “cheat code” is a nifty little tax trick, it doesn’t necessarily mean that HSAs are a better option than 401(k) plans. In fact, there are some notable drawbacks ...
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.
Wespath Benefits and Investments (formerly known as General Board of Pension and Health Benefits) is an American non-profit pension agency affiliated with the United Methodist Church. Wespath supervises and administers retirement plans , investment funds, health and welfare benefit plans for active and retired clergy and lay employees of the ...
During fiscal year 2009, retirement survivor benefits of some $10.5 billion were paid to about 589,000 beneficiaries, while net unemployment-sickness benefits of $160 million, including over $10 million in temporary extended unemployment benefits under the American Recovery and Reinvestment Act of 2009, were paid to more than 40,000 claimants.