Employee Benefits Renewal Plan Year: July 1, 2017 June 30, 2018

Transcription

1 Employee Benefits Renewal Plan Year: July 1, 2017 June 30, 2018 Prepared for: Florence Unified School District Governing Board Presented by: A Division of Gallagher Benefit Services, Inc. April 11, 2017

2 Who We Are A Division of Gallagher Benefit Services, Inc. The most important part of our business is to satisfy our clients. Without your confidence, we would not be. We realize that you have many choices when it comes to the satisfaction of your employee benefits consulting and brokerage needs. It is our mission to provide our services in a professional and cost effective manner to meet those needs. Our team works closely with our client/partners, at every level, to ensure that both employers and employees receive maximum value for every dollar invested in their benefit programs. We make certain that our client/partners receive accurate and complete information, along with experienced and professional guidance, so that it becomes easy to make timely and educated decisions about their employee benefit plans. We tailor competitive benefit and human resource programs that provide the best possible return on investment to our clients and their employees. Our dedicated staff is friendly, accessible and responsive. We provide consistent and superior service and support at all times. We take pride in the relationships we have built with the insurance markets selected to serve your needs. These strong relationships are instrumental in our effort to provide the most competitive benefit packages to our client/partners. You alone decide our value. Your needs determine our job description. 1

3 Recommendations: 2017 Renewal and Evaluation Medical ASBAIT no increase from current rates (in line with BAGNALL renewal projection). Nonpreferred brand pharmacy coinsurance increased from 30% to 40% (minimum $40 copay maximum $110 copay). Evaluated Kairos (which is a new medical trust for AZ school districts) medical proposal. Rates were 6% above current and employees would experience plan design changes. Recommendation to renew with ASBAIT, current vendor, at no rate change on current plans with the non preferred brand pharmacy coinsurance increased from 30% to 40% (minimum $40 copay maximum $110 copay). District to continue to contribute $414 per employee per month toward medical. Dental Prepaid Dental: 5 vendors quoted. vendor, Total Dental Administrators proposed 1.9% decrease. Dental PPO: 8 vendors quoted. While a few vendors offered rates below current, the network provider match was less than 60%. Recommendation to award to current vendor, Total Dental Administrators (TDA). TDA matched the current Dental PPO plan with a 5.4% increase with rates guaranteed for 24 months. TDA s Prepaid Dental includes copay increases in a few categories. Prepaid Dental rates 1.9% below current guaranteed for 24 months. All Other Benefits Renew Teladoc direct with a rate of $2.90 per employee enrolled in medical per month, at a $0 copay (current rate of $2.05). Note ASBAIT will not allow the $0 copay on the HDHP $2,600 plan. ASBAIT requires a $40 copay for those on HDHP $2,600. March 1, 2016 February 28, 2017 utilization: 901 consultations, savings of approximately $245,000. Renew with current vendors at no rate changes at current benefits. bagnall.us 1345 E Chandler Blvd Building 1, Suite 103 Phoenix, AZ M TF FX

4 Plan Rates Renewal Rates % Change Rates Guaranteed to: MEDICAL - Meritain - $2,600 HDHP Not Grandfathered Employee $ $ % June 30, 2018 Employee + Spouse $ $ % Employee + Children $ $ % Employee + Family $ 1, $ 1, % MEDICAL - Meritain - Value Silver Not Grandfathered Employee $ $ % June 30, 2018 Employee + Spouse $ $ % Employee + Children $ $ % Employee + Family $ 1, $ 1, % MEDICAL - Meritain - Value Bronze Not Grandfathered Employee $ $ % June 30, 2018 Employee + Spouse $ $ % Employee + Children $ $ % Employee + Family $ 1, $ 1, % H.S.A. Administration - Health Equity through Meritain Included under ASBAIT medical 0.0% June 30, 2018 Employee Assistance Plan - Alliance Work Partners through Meritain Included under ASBAIT medical 0.0% June 30, 2018 DENTAL - Total Dental Administrators PPO Employee $ $ % June 30, 2019 (2) Employee + Spouse $ $ % Employee + Children $ $ % Employee + Family $ $ % DENTAL - Total Dental Administrators A500S Employee $ $ % June 30, 2019 (2) Employee + Spouse $ $ % Employee + Children $ $ % Employee + Family $ $ % VISION - Avesis Employee $ 4.64 $ % June 30, 2018 (1) Employee + Spouse $ 8.36 $ % Employee + Children $ 9.28 $ % Employee + Family $ $ % (1) 2nd year of 2 year rate guarantee (1) 1st year of 2 year rate guarantee Florence Unified School District #1 Rate Exhibit Renewal: July 1,

5 Plan Rates Renewal Rates % Change Rates Guaranteed to: LIFE w/ad&d - Symetra Financial Life per $1000 $ 0.05 $ % June 30, 2018 (1) AD&D per $1000 $ 0.02 $ % Total per $1000 $ 0.07 $ % VOLUNTARY LIFE - Symetra Financial Age Rated Age Rated 0% June 30, 2018 (1) VOLUNTARY SHORT TERM DISABILITY - Standard Ins. Rate Per $10 of weekly benefit $ 0.28 $ % June 30, 2019 (2) COBRA ADMINISTRATION - P&A Group Initial Notice $ $ % June 30, 2020 (3) Qualifying Event $ $ % Annual Minimum Fee $ $ % FLEXIBLE SPENDING ACCOUNT/CAFETERIA PLAN - P&A Group Fee per participant per month (includes Debit Card) $ 5.00 $ % June 30, 2019 (4) Renewal Fee $ $ % TELADOC (5)(6) Per employee per month $ 2.05 $ % June 30, 2018 ONLINE ENROLLMENT SYSTEM - BenefitsCONNECT Fees Waived June 30, 2018 Individual Supplemental Voluntary Policies - AFLAC Individually Rated 0% June 30, 2018 (1) 3rd year of 3 year rate guarantee 2nd year of a 3 year rate guarantee 3rd year of a 5 year rate guarantee 4th year of 5 year rate guarantee (5) Pricing is for a Direct contract through Teladoc. This service will continue to be offered under BAGNALL's Mohave contract and invoiced by BAGNALL. Price above reflects a $0 copay. If Florence would like to offer a $45 copay, the cost would be $1.40 PEPM. (6) Teladoc Renewal Policy: The PEPM price includes an agreed-upon annual utilization, "The Utilization Target." If actual utilization for a year exceeds the current year's Utilization Target, the PEPM shall increase by $0.25 for each 5% increment of Utilization in excess of the Utilization Target for the next Renewal Term. A new Utilization Target will be set by rounding up the actual utilization in the plan year to the nearest 5% for the next year. For example, if utilization in year 1 is 23%, the Utilization Target in year 2 would be 25%, and the PEPM would rise by $0.25 over the prior year price. If actual utilization for a year does not exceed the agreed upon Utilization Target, Teladoc reserves the right to increase the PEPM by up to 5% for the next Renewal Term. Florence Unified School District #1 Rate Exhibit Renewal: July 1,

6 Rate History Renewal: July 1, 2017 Coverage/Carrier Renewal Increase Medical PPO Plan ASBAIT Value Silver 0.00% ASBAIT Value Bronze 0.00% ASBAIT HDHP $2, % ASBAIT Classic Silver 2.00% ASBAIT Value Silver 7.00% ASBAIT Value Bronze 11.30% ASBAIT Classic Silver 1.89% ASBAIT Value Silver -5.71% ASBAIT Value Bronze 15.17% ASBAIT B % ASBAIT A % ASBAIT A % ASBAIT HDHP $1, % ASBAIT B % ASBAIT A % ASBAIT A % ASBAIT HDHP $1, % Dental PPO Plan Total Dental Administrators Out to Bid Total Dental Administrators 18.20% Total Dental Administrators 9.00% Total Dental Administrators 4.00% Total Dental Administrators -2.00% Pre-Paid Dental Total Dental Administrators Out to Bid Total Dental Administrators 2.00% Total Dental Administrators 2.00% Total Dental Administrators 0.00% Total Dental Administrators -2.00% Vision Avesis 0.0% Avesis -5.00% Avesis 0.00% Avesis -5.00% SightCare 0.00% 5

7 Medical Rate and Benefit Comparison - Plans Effective: July 1, 2017 Carrier / Plan Benefits Lifetime Maximum Deductible Individual Family Coinsurance Out-of-pocket Maximum Individual Family Hospital Services Inpatient Hospital Renewal Renewal ASBAIT ASBAIT ASBAIT ASBAIT (4) ASBAIT (4) $2,600 HDHP Plan Value Silver Plan Value Silver Plan Value Bronze Plan Value Bronze Plan In Network Out of Network In Network Out of Network In Network Out of Network In Network Out of Network In Network Out of Network Unlimited Unlimited Unlimited Unlimited Unlimited $2,600 Per Person $8,000 Per Person $1,000 $5,000 $1,000 $5,000 $3,000 $6,000 $3,000 $6,000 $5,200 $16,000 $2,000 $15,000 $2,000 $15,000 $6,000 $18,000 $6,000 $18,000 20% 50% 25% 50% 25% 50% 30% 50% 30% 50% Includes deductible and coinsurance $6,350 Per Person $20,000 Per Person $6,000 Unlimited $6,000 Unlimited $6,350 Unlimited $6,350 Unlimited $12,700 $30,000 $12,000 Unlimited $12,000 Unlimited $12,700 Unlimited $12,700 Unlimited $250 Copay; then 20%* Includes deductible, coinsurance, medical and Rx copay 50%* $250 Copay per admission; then 25% $300 Copay per admission; then 50%* Includes deductible, coinsurance, medical and Rx copay $250 Copay per admission; then 25% $300 Copay per admission; then 50%* Includes deductible, coinsurance, medical and Rx copay $250 Copay per admission; then 30% Includes deductible, coinsurance, medical and Rx copay 50%* $250 Copay per admission; then 30% 50%* Outpatient Hospital 20%* 50%* 25%* 50%* 25%* 50%* 30%* 50%* 30%* 50%* Emergency Room 20%* 20%* 25%* 25%* 25%* 25%* 30%* 30%* 30%* 30%* Urgent Care $50 Copay; then 50%* $50 Copay; then 25% $50 Copay; then $50 Copay; then 25% $50 Copay; then $50 Copay; then 30% 50%* $50 Copay; then 30% 50%* 20%* 50%* 50%* Routine Services Office Visit 20%* 50%* $40 Copay 50%* $40 Copay 50%* $45 Copay 50%* $45 Copay 50%* Specialist Visit 20%* 50%* $50 Copay 50%* $50 Copay 50%* $55 Copay 50%* $55 Copay 50%* Routine Physical/Wellness/Well Child 0% (4)(5)(6) (5)(6) $0 Copay (1)(2)(3) (2)(3) $0 Copay (1)(2)(3) (2)(3) $0 Copay (1)(2)(3) (2)(3) $0 Copay (1)(2)(3) (2)(3) Care Prescription Drugs Deductible Yes, Medical Deductible None None None None Generic Brand (Generic not available) Brand (Generic is available) 20%* $15 Copay $15 Copay $15 Copay $15 Copay 20%* Preferred Brand 20% Copay (Minimum $25 - Maximum $80) Preferred Brand 20% Copay (Minimum $25 - Maximum $80) Preferred Brand 20% Copay (Minimum $25 - Maximum $80) Preferred Brand 20% Copay (Minimum $25 - Maximum $80) 20%* Non-Preferred Brand 30% Copay (Minimum $40 - Maximum $110) Specialty Drug 20%* 20% Copay (Minimum $100 - Maximum $150) Mail Order Mandatory Generic (90 day supply) Mail Order Brand (Generic not available) Mail Order (Generic is available) Rates Employee Only Employee + Spouse Employee + Child(ren) Employee + Family Non-Preferred Brand 40% Copay (Minimum $40 - Maximum $110) 20% Copay (Minimum $100 - Maximum $150) Non-Preferred Brand 30% Copay (Minimum $40 - Maximum $110) 20% Copay (Minimum $100 - Maximum $150) Non-Preferred Brand 40% Copay (Minimum $40 - Maximum $110) 20% Copay (Minimum $100 - Maximum $150) 20%* $30 Copay $30 Copay $30 Copay $30 Copay 20%* Preferred Brand 20% Copay (Minimum $50 - Maximum $175) 20%* Non-Preferred Brand 30% Copay (Minimum $80 - Maximum $225) Renewal $ $ $ $ $ $ $ 1, $ 1, % Value Silver Plan $ $ $ $ 1, % change from current *Deductible Applies (1) Covered at 100% up to $300 for routine care. Preventive services covered at 100%. (2) Flu shots/pneumonia & shingles vaccine covered at 100% (deductible waived). (3) Routine hearing (1 exam per calendar year) covered at 100% after in-network copay; and 50% after deductible, out-of-network. (4) Not covered if outside the network. Inside AZ members to use Blue Cross network, outside AZ members to use Aetna network. Preferred Brand 20% Copay (Minimum $50 - Maximum $175) Non-Preferred Brand 40% Copay (Minimum $80 - Maximum $225) Preferred Brand 20% Copay (Minimum $50 - Maximum $175) Non-Preferred Brand 30% Copay (Minimum $80 - Maximum $225) Renewal Value Silver Plan Value Bronze Plan $ $ $ $ $ $ $ 1, $ 1, % This summary of benefits is based upon our understanding of the information received from 46 the insurance carrier. The carrier's Master Contract will govern in the event of a discrepancy. Preferred Brand 20% Copay (Minimum $50 - Maximum $175) Non-Preferred Brand 40% Copay (Minimum $80 - Maximum $225) Renewal Value Bronze Plan $ $ $ $ 1, %

8 Voluntary PPO Dental Rates and Benefit Plan - Best and Final Offer Effective: July 1, 2017 Carrier: Benefits Annual Calendar Deductible Individual Family Annual Plan Maximum Benefit Type I - Diagnostic & Preventive Type II - Basic Services Type III - Major Services Type IV - Orthodontic Services Age Limit Total Dental Administrators Best and Final Offer Total Dental Administrators In Network Out of Network In Network Out of Network $50 $50 $50 $50 $150 $150 $150 $150 $1,500 $1,500 $1,500 $1,500 0% 0% 0% 0% 10%* 30%* 10%* 30%* 40%* 60%* 40%* 60%* 50% 50% 50% 50% Child Only Child Only Up to age 19 Up to age 19 $1,500 $1,500 $1,500 $1,500 Lifetime Maximum Periodontic Coverage 10%* 30%* 10%* 30%* Endodontic Coverage 10%* 30%* 10%* 30%* Waiting Periods - timely entrants Basic None None None None Major None None None None Orthodontia None None None None Reasonable & Customary % 90th% 90th% Participation Requirements (in the current plan, 75% or 692 Employees out of % or 185 Employees out of % of eligible are participating..923 employees Eligible Eligible total) Ortho Discount? Please provide percentage. None 15-25% Please confirm if you will provide ID Cards and mail Yes Yes Rate Guarantee 24 Months Best and Final Offer Rates Enrollment Total Dental Administrators Total Dental Administrators Employee Only 214 $ $ Employee + Spouse 33 $ $ Employee + Child(ren) 47 $ $ Employee + Family 56 $ $ Monthly Cost $ 19,073 $ 20,103 Annual Cost $ 228,878 $ 241,242 % Change from 5.4% *After Deductible Plan changes highlighted in red and green font BAFO changes highlighted in Green This Summary of Benefits is based on our understanding of the information received from the insurance carriers. The carrier's Master Contract will govern in the event of a discrepancy. 7

9 Voluntary Prepaid Plan Rates and Benefit Plans - Best and Final Offer Effective Date: July 1, 2017 Carrier: Total Dental Administrators Procedures: D Routine Office Visit D Oral Exam - Periodic D Complete Series X-rays D Routine Cleaning D Amalgam Restoration (1 surface) D Porcelain Crown (High noble metal) D Root canal-molar D Simple Extraction No Charge No Charge No Charge No Charge $10.00 $ Lab $ $30.00 No charge No charge No charge No charge $13.00 $ $ $40.00 D Complete Bony Impaction D Vertical bitewings, 7 to 8 films $ No Charge.2% or 2 Employees out of 923 Eligible $ No charge.2% or 2 Employees out of 923 Eligible Participation Requirements (in the current plan, 50.3% of eligible are participating..923 employees total) Ortho Discount? Please provide percentage Please confirm if you will provide ID Cards and mail to employee's homes. Based on Fee Schedule Agreed Originally Proposed/Best and Final Offer Total Dental Administrators Clarification: Based on Fee Schedule (25%) Agreed Rate Guarantee 24 Months Rates Employee Only Employee + Spouse Employee + Child(ren) Employee + Family Monthly Cost Annual Cost % Change from Enrollment Total Dental Administrators Best and Final Offer Total Dental Administrators 324 $ $ $ $ $ $ $ $ $ 8,032 $ 7,876 $ 96,390 $ 94, % *After Deductible Plan changes highlighted in red and green font BAFO changes highlighted in Green This Summary of Benefits is based on our understanding of the information received from the insurance carriers. The carrier's Master Contract will govern 8

10 Meritain Plan Changes Effective: July 1, 2017 Benefit Renewal Medical Plans Copay Platinum Plan Available Will no longer be offered as a plan option for any school. Prescription Drug Program: Tier 3 (Non- Non-Preferred Brand 30% copay (Min $40 - Max Non-Preferred Brand 40% copay (Min $40 - Max Preferred Drugs) $110) $110) Mail Order Prescription Drug Program: Tier 3 Non-Preferred Brand 30% copay (Min $80 - Max Non-Preferred Brand 40% copay (Min $80 - Max (Non-Preferred Drugs) $225) $225) Caveat: ASBAIT reserves the right to make minor plan changes prior to 7/1/17 9

11 Vision Rate and Benefit Plan Comparison - Active Employees Effective: July 1, 2017 Carrier / Plan Overview of Benefits Eye Exam/Refraction Contact Lens Evaluation & Fitting Single Vision Eyeglass Lenses Bifocal Eyeglass Lenses Trifocal Eyeglass Lenses Lenticular Eyeglass Lenses Standard Frames Contact Lenses Medically Necessary Elective Frequency of Services Exams Lenses Frames Contact Lenses Please confirm if you will provide ID Cards and mail to employee's homes. Minimum Participation Avesis In Network Out of Network Reimbursement $5 copay Up to $35 Included in Contact Lens Allowance $10 copay Up to $25 $10 copay Up to $40 $10 copay Up to $50 $10 copay Up to $80 Up to $50 wholesale Up to $45 allowance (approx. $100- $150 retail) Covered in Full Up to $250 $130 Allowance $130 Allowance 12 Months 12 Months 12 Months 12 Months Yes 1% or 10 enrolled employees out of 756 employees Rate Guarantee Rates good till 6/30/2018 Rates Counts Avesis Employee Only 550 $ 4.64 Employee + Spouse 68 $ 8.36 Employee + Child(ren) 74 $ 9.28 Employee + Family 122 $ Estimated Total Monthly Cost $ 5,337 Estimated Total Annual Cost $ 64,045 This summary of benefits is based upon our understanding of the information received from the insurance carrier. The carrier's Master Contract will 8o10 gvern in the event of a discrepancy.

12 Basic Life AD&D Benefits & Rates Effective: July 1, 2017 Company Name: Symetra Financial Life/AD&D Benefit 1 X Annual Salary, subject to a maximum of $75,000 rounded to the next higher $1,000 if not already a multiple of $1,000. Age Reduction Schedule 35% at age 65; 50% at age 70; 70% at age 75; 80% at age 80 Portability Included Conversion Included Waiver of Premium Included Accelerated Death Benefit 80%; maximum of $300,000 Verify you will provide experience reports with premium and claim information for life on at least a monthly basis. Experience reports will be provided on annual basis. (Standard/ad hoc reports available 24/7 via our secure online portal) Your company agrees to permit annual open enrollment periods at which time evidence of insurability will not be required and that no pre-existing condition limitations will apply to participants transferring between plans. Verify or specify alternatives. It is assumed your company will credit time served under the prior carrier toward the 2 year suicide exclusion. For example, if a carrier change happens and somebody had a year with carrier A, then they would only have one more year with the new carrier B to be eligible for the life insurance if a result of suicide. Verify Symetra will provide traditional Enrollment Confirmed Rates (per $1,000) Symetra Life $ 0.04 AD&D $ 0.02 Total $ 0.06 Monthly Premium $ 1,688 Annual Premium $ 20,260 Rate Guarantee Rates good till 6/30/2018 Volume 28,139 This summary of benefits is based upon our understanding of the information received from the insurance carrier. The carrier's Master Contract will govern in the event of a discrepancy. 11

13 Voluntary Life (NO AD&D) Rates Effective: July 1, 2017 Company Symetra Financial Rate per $10,000 Rate Per $5,000 AGE Employee Spouse UniSmoker Under 30 $0.51 $ $0.51 $ $0.60 $ $0.94 $ $1.45 $ $2.38 $ $4.00 $ $6.97 $ $9.52 $ $15.90 $ $28.22 $ $46.67 $23.34 Child(ren) AM Best Rating Rate Guarantee $0.094 per $1,000 Not Provided Rates good till 6/30/

14 Voluntary Life (NO AD&D) Benefits Effective: July 1, 2017 Company: Symetra Financial Voluntary Life AD&D N/A Employee Increments of $10,000, subject to the lesser of $300,000 or 5 times Your annual Earnings. Spouse Increments of $5,000, subject to a minimum of $5,000 and a maximum of $150,000. Child(ren) Increments of $2,000 up to $10,000 Child(ren) birth - 6 months Coverage will start at 14 days old. Child(ren) 6 months - 26 years Increments of $2,000 up to $10,000 Guarantee Issue Employee $80,000 Spouse $35,000 Child(ren) $10,000 Accelerated Death Benefit Amount 80% to maximum of $300,000 Waiver of Premium Included included Reduction Schedule 35% at age 65; 50% at age 70; 70% at age 75; 80% at age 80 Will you grandfather all the current life/voluntary life insurance amounts? Confirmed Verify you will provide experience reports with premium and claim information for voluntary life on at least a monthly basis. Your company agrees to permit annual open enrollment periods at which time evidence of insurability will not be required and that no pre-existing condition limitations will apply to participants. Verify or specify alternatives. Experience reports will be provided on annual basis. (Standard/ad hoc reports available 24/7 via our secure online portal) Traditional Enrollment will be provided It is assumed your company will credit time served under the prior carrier toward the 2 year suicide exclusion. For example, if a carrier change happens and somebody had a year with carrier A, then they would only have one more year with the new carrier B to be eligible for the life insurance if a result of suicide. Verify. Participation Requirement Portability At what rate basis? (same or different rates?) If master contract is terminated, will ported life policies continue? Contingent for basic life award? Confirmed 25% which is 122 employees of 485 eligible employees Included Yes but at different rate Ported life policies will continue Confirmed This summary of benefits is based upon our understanding of the information received from the insurance carrier. The carrier's Master Contract will govern in the event of a discrepancy. 13

15 Voluntary Short Term Disability Benefits and Rates Effective Date: July 1, 2017 Carrier Name: The Standard Elimination Period Accident Illness Define your Policy s Benefit Period (the number of days/weeks a person can ACTUALLY RECEIVE BENEFITS after the elimination period is satisfied: Benefit Percentage 60% Minimum Weekly Benefit $70 Maximum Weekly Benefit $700 Partial Disability Benefits reduced by payments from: Workers Compensation Other Disability Benefits Retirement Benefits Social Security Benefits Sick Leave Vacation Pay Salary Continuation Other reductions (please list): Confirm if you will waive the actively at work provisions. Pre-Existing Limitations Waiver of Premium Your company agrees to permit annual open enrollment periods at which time evidence of insurability will not be required and that no pre-existing condition limitations will apply to participants transferring between plans. Verify. 30 Days 30 Days 180 days. However, STD benefits will end on the date long term disability benefits become payable to you under a group plan provided by your Employer, even if that occurs before the end of the Maximum Benefit Period. Lesser of 60% of the insured's basic weekly earnings (limited to $700) minus other income benefits except for earnings the insured receives from partial disability employment or the insured's basic weekly earnings minus other income benefits. Total disability is not required to receive benefits. An insured employee can be eligible for benefits while working in a partial capacity. Please respond Yes or No Below Yes Yes Yes Yes Yes No Yes N/A Proposal includes continuity of coverage None Does not apply Our proposal does not include annual open enrollments. We do not require evidence of insurability for Members who apply for STD coverage outside of the eligibility period or have a Preexisting Condition Exclusion in the STD plan. However, if a Member applies late for the STD coverage and files a STD claim during the first 12 months of coverage, the Benefit Waiting Period is extended to 60 days. Are rates quoted on a Pre-Tax or Post-Tax Basis? Post-tax Participation Requirements 25% or 152 employees out of 606 The Standard RATES per $10 of weekly benefit $ Monthly Cost $ 3,989 Annual Cost $ 47,874 Rate Guarantee Rates good till 6/30/2018 *SSNRA is Social Security Normal Retirement Age Volume Assumptions Per $10 of covered weekly benefit $14,248 14