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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Discover the Top 5 Advantages of Continuing to Work in Retirement for Republic Services Employees

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Healthcare Provider Update: Healthcare Provider for Republic Services Republic Services offers health insurance benefits to its employees through various providers, including Aetna, UnitedHealthcare, and Cigna, depending on the location and specific plan options. These providers typically include various healthcare plans, encompassing options for medical, dental, and vision coverage. Overview of Potential Healthcare Cost Increases in 2026 In 2026, healthcare costs are poised to rise significantly, particularly affecting Republic Services employees. Record increases in premiums for Affordable Care Act (ACA) marketplace plans are anticipated, with some areas seeing hikes of over 60%. Many employers, including Republic Services, may respond by shifting more healthcare costs onto employees through higher deductibles or increased out-of-pocket expenses. As a result, employees should review their benefit choices carefully and consider strategies to mitigate rising costs, as the combination of expiring premium subsidies and escalating medical prices could lead to overwhelming financial burdens for many households. Click here to learn more

In the past, retirement has been portrayed as an ending, a grand exit from your years in the workplace. But the rules are shifting. Labor force participation among those aged 65-74 is predicted to reach 32 percent by 2022, up from just 20 percent in 2002.(1) As the Boomer generation ages, more people are viewing retirement as an opportunity to enjoy the rewards of work in a whole new way. Read on to discover some of the benefits you can enjoy after you retire from Republic Services.

 

1. Mental Benefits

Working during your Republic Services retirement can help maintain mental agility as you learn new skills. Staying engaged in work helps build 'mental muscle,' which can lessen the risk of developing dementia and Alzheimers(2) and ward off the signs of aging.

 

2.. Physical Benefits

Staying active during your Republic Services retirement years is crucial for continued health. Whether you choose to work full-time or volunteer a few days a week, engaging in some form of work will keep your body moving, and give you opportunities to stay balanced, strong, and healthy.

3. Financial Benefits

Besides the obvious extra income, working during your Republic Services retirement may allow you to delay taking Social Security benefits. For every year you wait to take Social Security, your benefits can increase by an average of 8 percent annually.(3) Finding a strategy that works for you can truly pay off.

4. Emotional Benefits

Studies have shown that a sense of purpose has been found to lengthen lifespan and quality of life.4 Working on something you care about, starting a new business, or mentoring others in the workplace can ward off depression and provide a healthy sense of fulfillment and direction in your years or retirement from Republic Services.

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5. Social Benefits

One of the risks associated with retirement is increased isolation, which in terms of its impact on your health, has been equated with smoking nearly a pack of cigarettes a day.5 Working with others reduces this risk, giving you a chance to build connections and enjoy meaningful interactions.

Sources

1. AARP.org, February/March 2015

2. Forbes, 2017

3. Social Security Administration, 2017

4. Association for Psychological Science, 2017

What type of retirement savings plan does Republic Services offer to its employees?

Republic Services offers a 401(k) retirement savings plan to help employees save for their future.

Is there an employer match for contributions made to the Republic Services 401(k) plan?

Yes, Republic Services provides an employer match for employee contributions to the 401(k) plan, subject to certain conditions.

How can employees at Republic Services enroll in the 401(k) plan?

Employees at Republic Services can enroll in the 401(k) plan through the company's benefits portal during the enrollment period or upon eligibility.

What is the eligibility requirement for Republic Services employees to participate in the 401(k) plan?

Republic Services employees are generally eligible to participate in the 401(k) plan after completing a specified period of service, typically 30 days.

Can Republic Services employees make changes to their 401(k) contributions?

Yes, Republic Services employees can change their contribution amounts at any time, subject to plan rules.

What investment options are available in the Republic Services 401(k) plan?

The Republic Services 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

Does Republic Services allow employees to take loans against their 401(k) savings?

Yes, Republic Services permits employees to take loans from their 401(k) accounts under certain conditions.

What happens to my Republic Services 401(k) account if I leave the company?

If you leave Republic Services, you can choose to roll over your 401(k) balance to a new employer's plan, an IRA, or cash out your account, subject to taxes and penalties.

Are there any fees associated with the Republic Services 401(k) plan?

Yes, there may be administrative fees associated with the Republic Services 401(k) plan, which are disclosed in the plan documents.

How often can Republic Services employees review their 401(k) account statements?

Republic Services employees can review their 401(k) account statements quarterly, and they may also access their account online at any time.

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For more information you can reach the plan administrator for Republic Services at , ; or by calling them at .

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