V3locity for Public
A Transformative Public Pension Software Solution
V3locity is an end-to-end software solution that addresses the public pension technology life cycle, including registrations, payroll, contributions processing, benefits calculations and complex plan provisions, all integrated in a single cloud-native platform. V3locity’s next-gen digital capabilities enable pension providers to offer the highest level of member service.
- Employer Payroll Reporting
- Cash Receipts & AR
- Withdrawals & Transfers
- Service Calculations
- Purchases of Service & Buybacks
- Pension Plan Rules & Provisions
- Base Benefit Calculations
- Annuity Options Calculations
- Retirement Processing
- Revisions & Corrections
- Health Enrollment & Billing
A Complete Solution
As a complete public pension administration solution, V3locity 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, and loans. V3locity also supports health and other benefits enrollment, premium collection, and eligibility reporting for active and retired participants.
Supports Canadian Plans
V3locity also offers comprehensive support for Canadian retirement plan administration, including 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 includes broad support for annuitization and payouts. V3locity also supports CRS rules, provincial rules and both English and French based operations.