The V3 System is powerful software for Public, Taft-Hartley and Group pension administration.
The V3 System's powerful capabilities for retirement organizations include:
- Plan Definition
- Contract and Rate Administration
- Member Demographics
- Dependents Tracking
- Beneficiary Tracking
- Employer Demographics
- Employer Reporting
- Contributions Billing
- Refunds and Buybacks
- Service Credit Management
- Loans Processing
- Liens and Levies
- Multi-Fund, Multi-Plan
- DB, DC and Annuity
- Benefit Calculations
- Ancillary Benefits
- Correspondence
- Benefit Statements
- Benefits Payroll
- Self Service
- Tax Reporting
The V3 System is a highly scalable, extremely configurable, browser-based system. It includes integrated Workflow, Imaging, and Self Service features.
The system is suitable for use by Public Pension Funds, Taft-Hartley Plans, Municipal Plans, Third Party Administrators and other similar organizations.
The V3 System is available in both traditional and hosted licensing models. Vitech's hosted offering provides an organization with turn-key simplicity speeding time to production, simplifying operating requirements and containing total cost of ownership.
