Redefining Retirement Administration
V3locity is a powerful retirement solution that offers defined benefit, defined contribution, cash balance, and hybrid plan administration capabilities in a single system. V3locity’s extensive core administration functions, advanced digital features and fluid configurability make it a truly transformative solution.
An Effortless Customer Experience
Advanced digital capabilities, a unique customer-first approach, web and mobile options, and natural language processing help you transform your operating model and deliver an effortless experience to your customers, employers, plan members and other constituents.
Daily Tasks Made Easy
V3locity streamlines and automates a full spectrum of operational processes including enrollment, payroll reporting, contributions processing, eligibility, benefit calculations and benefits payroll.
Modernize & Consolidate
Offering a complete suite of administrative, digital, enterprise and analytic capabilities, V3locity creates unprecedented opportunities for system consolidation. As a cloud-based, zero-footprint, SaaS style offering, it also allows for rapid ecosystem modernization.
V3locity powerful digital self-service portals seamlessly integrated with core benefit capabilities and working in harmony with V3locity DocCenter and eSignature capabilities, allow you to implement and take advantage of true straight through processing. V3locity Worklfow and Dashboards give you real oversight and management capabilities while providing and unprecedented operational transparency and insights.
V3locity is a complete public pension solution. It addresses the full spectrum of single and multi-employer public pension requirements including contract and rates management, wage and contributions reporting, final average salary calculations, service credit purchases, refund, buy backs, loans, and more. V3locity also supports health and other benefits enrollment, premium collection, and eligibility reporting for active and/or retirement participants.
V3locity is a complete Taft-Hartley benefits plan solution. It supports retirement, health and welfare, and ancillary benefit funds administration all in a single platform. It addresses the full spectrum of Taft Hartley business requirements including agreement and rates management, work and wage reporting, contributions remittance and collections, benefits eligibility determination, pension processing, health claims adjudication, and more.
V3locity offers comprehensive support for Canadian retirement plan administration. This includes RRSP, RPP, DPSP, SPP, IPP, VRSP, TFSA, PRPP, RRIF, LIF and LIRA plans. V3locity supports unitized and non-unitized investment administration, employer-driven investment options, member-driven investment allocation and incudes broad support for annuitization and payouts. V3locity also supports CRS rules, provincial rules and both English and French based operations.
Pension Risk Transfer
V3locity’s powerful retirement and annuity capabilities make it an outstanding solution for the administration of Pension Risk Transfer operations for both retired-only and deferred annuitant contracts. This includes onboarding, plan provisioning, immediate pay processing, full admin reconciliation, full admin processing, lead admin and bulk check processing, benefit illustrations and calculations, retirement and death benefit processing, and more. Powerful outreach features help ensure that you stay in touch with your deferred annuitant base and remain in regulatory compliance.
Contracts & Rates
Wage & Work Reporting
V3locity for Retirement Resources
Baby Boomers Have Gone Digital so Pension Self-Service Should Too
The use of technology among baby boomers has been rapidly increasing, but there is still a long way to go with the rollout of member self-service by defined benefit pension funds.
Public Cloud, Member Self-Service & Information Security Are Priorities for Pension Providers
The pension industry has experienced significant change in recent years, with major technology shifts, increased member service expectations, and a challenging regulatory and work environment.
V3locity – Digital Pension Administration
Public pension funds need to continue to meet critical, immediate needs like mandated plan changes while transitioning to a more paperless, serverless operating environment.