Tagged with: "Benefits"
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PS 3251 Employee Benefits: Major Changes to Public Sector Accounting Standards
DB, DC, Employee Benefits, MEPP, News
By Pat Johnston, FCIA, FSA – GBL PS 3251 Employee Benefits Changes In March 2026, the Public Sector Accounting Board (PSAB) issued Section PS 3251, Employee Benefits, a new standard that replaces PS 3250 (Retirement Benefits) and PS 3255 (Post-employment Benefits, Compensated Absences and Termination Benefits). While PS 3251 does not change the actual cost […]
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The Health Benefit Plan (HBP): The Flexible, Low-Fee Alternative to the Health Spending Account (HSA)
As we move through 2026, employee benefits are being reconsidered by organizations to attract and retain top talent. However, traditional health insurance premiums are rising. For business owners looking for a tax-efficient way to cover medical expenses without the recurring “cost-plus” fees of a Health Spending Account (HSA), the Health Benefit Plan (HBP) is an […]
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