Supplemental Early

Retirement Plans (SERP)

Keenan Financial Services, a division of Keenan &
Associates, brings together specialists in many areas of
retirement planning to help meet your fiduciary, planning,
investment, administrative and compliance needs.
For your employees, we provide qualified and non-qualified
pension plans, Supplemental Early Retirement Plans (SERP)
and an alternative to Social Security plan for part time
employees (APPLE).
Click and see our Keenan Financial Services Management
Team.
Early Retiree Reinsurance Program

The early retiree reinsurance program is

component of your affected person safety and
cost-effective care act.

The Department of Health and Human Services

(DHHS) has established a program to provide
reimbursement of 80% of the portion of early
retiree claims paid in the plan year for an
individual that exceed $15,000 but are less than
$90,000.
Retiree Subsidy Health Plan
The retiree subsidy is one of several possibilities
available for employers and unions to
proceed supporting.
Retiree subsidy is generally considered the
simplest and most straight ahead with
the available options, and may
frequently be implemented
with little or no gain style
changes to present
coverage.
 Health Insurance Plans
Insurance is basically a instrument employed by
consumers for hedging the future contingent
hazards associated with existence, wellness and
non-life common issues.
Health-related expenditures have by now
touched the sky and are even now growing.
Health Insurance Plans: as an employee, you only
pay for any part from the plan’s cost, along with
your employer absorbs the other component.
Early Retiree Reinsurance Program
Reinsurance is basically insurance coverage for
insurers. Reinsurance is typically part of an on-going
strategy and also the insurer continuously provides
policies to the reinsurer, along with the reinsurer
decides whether to accept each or not individually.
"In a time of escalating health care costs when our
participants are struggling to meet their out-of-pocket
medical expense obligations and our member schools
are facing their most difficult budget challenges ever,
becoming certified to participate in the Early Retiree
Reinsurance Program was not an option for us, it was a
necessity”.