Lower Merion Township Police Pension Associationbenefits

Lower Merion Township Police Pension Association's benefits plans covered 120 active participants in 2024, providing life. Insurance premiums totaled $85,815. Insurance brokers and agents were paid $10,298 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 12.0% of premiums. That is $86 per covered person, below the median for employer plans that report broker pay. Broker pay fell 7.0% from $11,071 in 2023.