International City Management Association Retirement Corporationbenefits

International City Management Association Retirement Corporation's benefits plans covered 611 active participants in 2024, providing health · life · short-term disability · long-term disability · death benefits · other. Insurance premiums totaled $938,059. Insurance brokers and agents were paid $311,979 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 33.3% of premiums. That is $511 per covered person, in the top quarter of employer plans that report broker pay. Broker pay rose 18% from $263,760 in 2023.