Softclans | Products | Insurance | Pension Management System
Pension Schemes Management System
SLAMS Pension maintains each participant's enrollment information, plan association, contribution tracking, and beneficiary and dependent data. The user defined vesting schedule allows for flexibility in the investment of contributions by both the employee and employer.
Member information and membership status are maintained in order to track active members, pensioners, etc. Full mailing address, including alternate address, payee address, phone and email information are used for communications with the member.
Nationality and country of residence are maintained. Dates such as the date the member entered the plan, the member's birth date, and retirement or disability date are saved. The member can have any number or type of beneficiaries. Payments can be made to beneficiaries if authorized. Our software tracks when the member approaches retirement and maintains other information such as beneficiaries and the disposition of the pension payments including check.