Fiscal Focus: Where Can We Affect Improvement
There are a number of areas where small steps can yield significant improvements for a city’s fiscal health:
- Renegotiating/marketing your Employee Benefits package. Keenan has been able to help our clients achieve significant and immediate savings in Employee Benefits costs while enhancing the plans
- Increase efficiency by implementing technology that promotes self-service, automation, and streamlined processes.
- Strategic voluntary separation and early retirement programs, customized for your agency’s needs.
- Evaluating whether it is in your agency’s best interest to remain in CalPERS medical/PEMHCA or whether there are viable and fiscally sound alternative options
There are no one-size-fits-all solutions. Your economic recovery strategy may, and should, take on a multifaceted approach that is specific to your agency’s needs.