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Pension benefit administration made easy

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

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

Internet Calcs: Your clients want to offer participants benefit calculations over the internet? DB Precision is web-ready, allowing you to provide them with real-time benefit calculations. A simple check of a box in DB Precision will produce user IDs and passwords for participants, allowing them to securely access their benefits and perform their own benefit projections.

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

• Paperless Documents: With DB Precision's paperless office, you can store and retrieve documents that are stored directly into the DB Precision database. Searching for prior correspondence has never been easier. What more, you can allow any of this correspondence to be viewed by participants and plan sponsors securely over the web.


 

DB Precision

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 also 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.

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

Web Ready: Allows plan participants or sponsors to access the system over the web to view participant data as well as request real-time benefit calculations.

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, 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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