New Jersey Hospitals Beat GM to the Punch in Creating a VEBA

Ament, Lucy
January 2008
H&HN: Hospitals & Health Networks;Jan2008, Vol. 82 Issue 1, p23
Trade Publication
The article reports that several New Jersey hospitals have participated in a Voluntary Employees' Beneficiary Association (VEBA) program as an employee recruitment and retention tool. A handful of the hospitals agreed to contribute directly to the fund, while the others let employees make their own contributions through payroll deductions. The program was set up by Shana Saichek, a San Diego attorney, who calls VEBA a part of a broader picture of employee relations that are particularly attractive to young workers.


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