Fund Administrator's Management System - FAMS
FAMS is a comprehensive suite of web applications designed for the multiemployer benefit fund office.
FAMS is secure, scalable, flexible, and intuitive, and fits any size fund office. As native web applications, FAMS can reside anywhere - the JBM Cloud, a hybrid Cloud, or your private Cloud.
The Fund Administrator's Management System includes -
- SQL database for members, employers, rates, reciprocity, family information, and all the history associated with these participants.
- Comprehensive contributions processing including employer remittances and self-pay
- Pension pension benefit processing including EFT delivery and Positive Pay.
- Pension benefit calculations - on-demand.
- Annuity benefit processing with secure communications to your money manager.
- Vacation benefit processing
- Health Reimbursement Account processing
- Supplemental disability benefits
- Online member portal
- Actuarial reporting
- Calendar year-end processing including tax forms and e-filing