The CalcAir Defined Benefit Pension Plan System is a one-stop shop for proposals, actuarial valuations, coverage and non-discrimination testing, plus periodic plan administration for defined benefit plans.
The system can handle complex benefit formulas, multiple decrements, retirement and payment options including multiple annuity payments, for all entities including Sole Proprietorships and Partnerships.
Valuation of benefits for active, late retirees, terminated and retired participants, and beneficiaries can be completed in the system.
Compliance testing with employee detail, participant statements and associated Pension Protection Act of 2006 (PPA) notices are also available.
Download the CalcAir Defined Benefits brochure.