Retirement Benefits Processing is based on your specific plans. Member work histories and cash balances are the foundation for benefit calculations, and ultimately, member retirement benefits.
Employer Remittance Processing updates member balances in real time. This information is then available for cash balance and work history inquiries, calculating estimated pension benefits, generating member statements, and producing a wide variety of reports.
Members can also securely and independently inquire of their balances via the web.
Defined benefit pensions and defined contribution annuity plans are supported, including special payments, contribution statements, and payment histories.
Pension and annuity benefits processing are fully supported from member / beneficiary profiles through vesting calculations, to check processing, ACH, IRS, actuarial and government reporting.