Putting member records online has a number of clear benefits. The administration centre receives fewer calls as members can access their information directly. Plan sponsors reduce their liability because access to member information is no longer restricted. And members are more satisfied, which means greater employee or customer retention.

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e-Pensions

Pension available online

With the e-Pension module of PX3000^TM authorized users can access their pension online, via the internet. 

The power is in your hands! From plan members to plan administrators, fund managers to consultants, all can, if authorized log into the system for needed information and reports. PX3000^TM will even allow online updates and data changes, should you choose to enable these capabilities. For example, with e-Pensions, DC plan members can get access to their account information using any web-enabled device such as a browser (PX3000^TM can also be enhanced to allow WAP-enabled cell-phone, or Voice Enabled Web connectivity) and can initiate inter-fund transfers between various investment accounts.

The PX3000^TM e-Pension module also supports the concept of "Enterprise Automation", where administration tasks can, if desired, be offloaded from the central pension administration office to regional branches or offices where plan members are enrolled or terminated. Administrators can enrol new pension plan members, initiate termination or retirement benefit calculations or load contribution advice into the central PX3000^TM administration server through a web browser, and the system then schedules the next steps for the administration team.