Automate benefit calculations and forms

• Process benefit calculations quickly and easily. Code bulk of client’s plan provisions in minutes with the help of our plan wizard.

• Generate complete benefit distribution packages (relative value displays, Special Tax Notices, etc.) with the push of a button.

• Your clients want to offer participants benefit calculations over the internet? DB Precision is web-ready, allowing you to provide them with an on-line benefit calculator.

• Annual benefit statements, plan freeze or termination notices are a snap. Calculating a thousand benefits is as easy as calculating one.

• Produce projected benefit illustrations for retirement planning and modeling.



Simplify storage of participant data

• Store all participant data needed for a client’s actuarial valuation with our complete relational database.

• There are no limits to what can be stored. Any client-specific item is easily created and then stored for that client’s participants.

• Define import and export file layouts on the fly and import data for a client at any frequency (from daily to less than once per year).

• Track benefit payments of pension participants in pay status including history of payment increases due to COLAs.

• Valuation data requests are created with the push of a button. Easily design customized participant listings and reports.
 

 

If you are looking for pension benefit calculation software,
this product has it all.

DB Precision is as easy to use as it is powerful. Read below and view some of the screenshots using the link below.

DB Precision is a product that has been developed over several years. It includes a relational database that can be used as permanent storage of pension data. It also includes a calculation tool used to calculate pension benefits and related items for completion of retirement calculations as well as annual participant benefit statements.

DB Precision easily integrates with any valuation software you may have to simplify the process of annual actuarial valuation.

Key Product Features

• Employee Database: Stores employee data in a relational database with easy import of data.

• Simple Interface: Our intuitive and familiar interface makes DB Precision easy to use. Build the different components that make up a plan sponsor and that sponsor's pension plans. Combine that with the employee and beneficiary information and calculations are ready in seconds.

• Pension Benefit Calculator: Calculates all items used in determining pension benefits and allows for export of such items.

• Simple Interface: Allows users to setup pension plans through an easy to use interface that requires little or no programming experience. Plan setup takes hours rather than weeks.

• Unsurpassed Speed: Once plan and employee information is set up, users can request and receive pension benefit calculations along with calculation output within seconds.

If you are interested in learning more about our product, contact us at (860) 680-1375 or email us at sales@pensionsoft.com

 

Product FeaturesPricing Screenshots

 


Set up a plan in minutes

Answer a short list of questions using our plan wizard and much of the setup work is already done for you.

Modify your newly generated initial plan and you
are ready to begin checking calculation results.

Make your job easier with our unparalleled flexibility

Through a combination of parameterized components and formulas, users are able to
build an unlimited variety of plan designs.
One does not need to know how to program
to set up a plan. A basic knowledge of simple
formulas such as those found in a spreadsheet
is all you need.
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