Benefit Liability Management: Mitigating Expenses

Benefit liability management is the collaborative process of reviewing existing employee benefit obligations and exploring the potential to offset and or mitigate the expense associated with such obligations. This process is increasingly critical to a credit union’s long term health as they experience a rapid rise in employee benefit expenses. Together with ever-shrinking margins, the impact to credit unions has become a genuine concern. However, you don’t need to let those concerns put undue stress on you or your organization, nor is it necessary to let employee benefit costs affect your profitability. By utilizing a conservative approach to impermissible investments for a small portion of your investment portfolio, you can significantly reduce or offset those benefit expenses. This webinar explores the methodology and regulations around benefit liability management.