Attaching investments to health plans can help credit unions contend with rising costs and compete for talent, according to a CUNA Mutual Group executive benefits specialist.

John Moreno, speaking on Monday at a CUNA conference in Fort Lauderdale, Fla., said credit unions struggling to keep up with rising costs could consider implementing a total benefits pre-funding program.

Moreno said TBPFs allow credit unions to pre-fund employee benefit obligations with potentially higher-yielding investments than would be considered permissible by the NCUA, because they relate directly to the credit union's employee benefits obligation or potential obligation.

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