DATAIR Defined Benefit
Pension Plan Administration System
The DATAIR Defined Benefit Pension Plan System helps you prepare proposals, actuarial valuations, coverage and non-discrimination testing, and periodic plan administration for defined benefit plans. The system can handle complex benefit formulas, multiple decrements, retirement and payment options including multiple annuity payments, for all entities including Sole Proprietorships and Partnerships. Valuation of benefits for active, late retirees, terminated and retired participants, and beneficiaries can be completed in the system. Compliance testing with employee detail, participant statements and associated Pension Protection Act of 2006 (PPA) notices are also available.
DATAIR also offers a Cash Balance Option for the Pension Plan Administration system to assist you with these trending hybrid plans. Couple with our Defined Contribution / 401(k) Administration System and design, test and administer Combo Plans easily!