Internet Capability for Defined Benefit Plans
Online pension information for plan participants and sponsors
Hooker & Holcombe provides a convenient source of online pension information
for active plan participants and sponsors through a special secure website called
"DB PensionEdge
®." Active plan participants have access to their own individual
pension statement information which normally includes: accrued benefit, vesting
status, credited service, vesting service and other basics, as of the date of the
last valuation. There is also the capability to view the plan's SPD and SAR online.
Plan sponsors have access to: All participant information plus valuation reports,
FASB/GASB reports and other optional benefits-related documents.
DB PensionEdge® highlights:
- Access pension info via the internet from any PC
- Plan participants see their personal pension benefits
- Plan sponsors can see all participant information plus plan documents and actuarial
valuations
- DB PensionEdge frees up internal HR resources
- Sponsors can assign levels of access to HR staff
- Secure, password protected site