Pensionify - Levio

Designed by people like you

Our defined benefits solution has been designed by and for pension plan administrators to simplify mid-sized and large DB plan administration, improve members’ experience, and provide managers with impactful dashboards, relevant KPIs and actionable operational insights.

Pensionify™ is a full-feature browser-based software solution for managing pension benefits. It provides enhanced service capabilities, streamlines operations through simplified and optimized processes, lowers operations costs, eliminates technical obsolescence, and enables efficient execution of complex processes. Pensionify^™ is an affordable, scalable and quick to implement subscription-based cloud solution.

It’s for you if…

.001
Your system is outdated, which drives maintenance and training costs through the roof
.002
Management and tracking of calculation requests is time consuming and difficult to do
.003
It takes you weeks to get a report with information from multiple systems
.004
Your retirement process is complex, long and difficult to understand
.005
Routine operations such as address change require manual changes into multiple systems
.006
No good dashboard is available to operations managers, making it difficult to manage case loads and SLAs
.007
Most of your forms are paper-based and need to be manually input into the system
.008
New employee training and retention impacted by cumbersome process and system
.009
IT costs are rising and/or difficult to contain

It is a full DB suite that includes: member portal, management dashboard and administration suite, bulk data load interface, calculation engine, reports and locally compliant mandated letters, forms and statements.

KEY FEATURES INCLUDE

Complete pension plan case management automation and administration software
Intuitive and efficient “3-click-away” user interface
Paperless operations, process automation and hands-free document generation Integrated, robust dashboards, KPIs and reporting features to efficiently manage caseload
Flexible, scalable and customizable calculation engine used by more than 3,000 pension plans and 5,000,000 users
Seamless integration with ancillary systems such as DC, payroll and benefits
Centralized access and administration for multiple plans
Secure & modern fully supported platform

MODERN USER INTERFACE

Member portal, Employer portal and Administration suite
Intuitive design to reduce training costs
Customizable dashboard
Perform any action in 3 clicks or less
Accessible design (ADA compliant)
Multilingual support

Increased operational efficiency

Process-aware design facilitates task progress and SLA management
Built-in dashboards for plan operations managers and administrators
Automate complex processes such as the retirement process – including document generation – while ensuring multi-state regulatory compliance
Paperless operations: end-user document upload & auto-parsing
Client-centric calculations engine compliant with actuarial rules for each plan
Automatic generation of standard documents, reports and statements
Natively supports digital workspace concepts and remote working

Cost-effective implementation & operation

Low-risk, fixed-fee and fast implementation
Affordable implementation costs for mid-sized plan administrators thanks to built-in best practices administration processes and templates
All-in-one suite that eliminates double-entry and inefficient synchronization mechanisms
Low touch cloud-based solution: no recurring IT operations or costs
Predictable all-inclusive subscription fee
Bulk employer data load
Decrease number of calls thanks to a self-service members portal that lets participants access their personal data and run pension simulations
Full integration with external systems such as DC, payroll, benefits, and HR
Modular integration with current pension systems is possible (such as with your existing calculation engine)
Fully automated bulk data load or transfers

PENSIONIFY IS PERFECT FOR PLAN & THIRD-PARTY ADMINISTRATORS OF ALL SIZES