Services offered to a Defined Contribution Scheme
Co-ordination with all client locations/branches for receipt of monthly contribution data of members
Pension contribution account maintained at individual member level
Reconciling contributions with remittance amounts
Settling members claims on separation
Liasoning with Insurer for purchase of Annuity
Handling disbursements to members on commutation
Distribution of earnings to eligible members, annually
Providing account statement to members, annually
Maintain books of accounts of the Trust
Handling audit and filing tax returns
Services offered to a Defined Benefit Scheme
Service records of members maintained in electronic form
System generated Pension Orders, uniquely referenced and supported by necessary documents
Tracking Pension Orders during the period of survival of member
Updation of software to incorporate changes taking place from time to time in Pension Rules and Regulations.