pension plan management

The Ultimate Guide to Finding Decedents in the Insurance Industry

How to identify decedents efficiently and effectively without a single and comprehensive data source. Insurance companies deal with a variety of challenges when managing their policyholders (life, long term care, PRT, structured settlements, annuitants), with inaccurate or missing participant data being the most impactful. Incorrect information affects how insurance companies communicate with policyholders, accurate forecasting of risk, the number of overpayments made, access to information when a Department of Labor [...]

John Bikus2024-04-26T15:04:57-05:00April 12th, 2023|Death Audit & CertiDeath, Insurance|

Case Study: PBI Research Services Helps Corporate Pension Fund Stop Overpayments

Challenge: XYZ company had been manually managing their employee pension plan with over 790 participants. The process was a resource-heavy task to stay up -to-date on deceased participants and required mailings. In addition, with internal audits coming up, a new benefits team was concerned about not meeting the Department of Labor (DOL) guidelines for missing participants and making overpayments. Solution: In February 2022, the company reached out to PBI Research Services about proactive pension [...]

John Bikus2023-06-15T10:24:42-05:00March 2nd, 2023|Case Studies, Pensions, Population Management & CertiCensus|

Press Release: PBI Research Services Announces CertiCensus® Certified – A New Gold Standard in Pension Plan Data Management and Compliance

MINNEAPOLIS (Jan. 11, 2023) – PBI Research Services, the leading death audit and locate service provider, today announced CertiCensus Certified, a new gold standard certification for its customers and the industry marking the most thorough verification and documentation process for pension plan participant data management. CertiCensus is the industry’s first single-source, proactive pension plan population management platform to help pension plans reduce costs, eliminate overpayments, ensure regulatory compliance and mitigate cybersecurity risk. With the [...]

John Bikus2023-06-15T10:59:36-05:00January 11th, 2023|News, Pensions, Population Management & CertiCensus|

PBI Press Release: PBI Research Services Announces Expanded Capabilities for CertiCensus® – The First Single-Source Pension Plan Population Management Solution

MINNEAPOLIS, April 20, 2022 -- PBI Research Services, the leading death audit and locate service provider, today announced expanded capabilities of CertiCensus, the industry's first single-source proactive pension plan population management solution to help pension plans reduce costs, eliminate overpayments, ensure regulatory compliance and mitigate cybersecurity risk. The platform's capabilities now include new, automated reporting and dynamic updates to participant data, offering increased visibility for plan sponsors for more accurate and efficient participant management. This product release offers [...]

John Bikus2023-06-15T13:57:34-05:00April 20th, 2022|Death Audit & CertiDeath, News, Pensions, Population Management & CertiCensus|

Webinar Recap: CertiCensus® – Accurate, Streamlined, and Secure Pension Participant Management

Managing a pension plan becomes more difficult each year. There are numerous steps and requirements that Plan Administrators and Plan Sponsors need to take. These include sending required mailings, managing returned mail, locating missing participants and beneficiaries, identifying decedents, documenting everything, and following the latest cyber security guidance from the Department of Labor (DOL). In our recent webinar, CertiCensus®: Accurate, Streamlined, and Secure Pension Participant Management, Jeff Anderson, New Business Development Manager at PBI [...]

John Bikus2023-06-15T14:52:29-05:00February 25th, 2022|Pensions, Population Management & CertiCensus, Webinar Recaps|