Defined Benefit Administration

If your company offers a defined benefit pension program, is it working as hard as it should? The CHAMPS Retirement Resource Center (RRC) specializes in administration of pension programs and can make your plan more economical to operate and more responsive to your employees’ needs. Why pay your actuary large fees for jobs outside their areas of expertise?

CHAMPS RRC works with your existing actuary, allowing them to focus on what they do best and moving administrative duties to a more experienced and less expensive provider. On the front-end, CHAMPS RRC acts as a data filter to provide the actuary with clean information. On the service side, CHAMPS answers employee questions, directly performs benefit calculations and delivers annual summary reports that are a snapshot of the employee’s status. CHAMPS makes both your HR department and your actuary more efficient and improves employee relations. Superior service and reduced costs—a better solution!