PBI has provided timely and accurate death audit information to thousands of corporations, government agencies, unions, as well as financial and insurance companies for the past 27 years. Performing a death audit goes beyond identifying fraud. It also allows you to maintain accurate plan records, meet ERISA requirements, and identify pension liabilities to ensure that the plan acts in the best interest of plan participants and beneficiaries.

The PBI Advantage

PBI maintains an extensive database of death records from a variety of sources, including governmental records and our own proprietary sources. We have the background and experience to know which combination of public and private sources will offer you the most accurate and complete data.

Beyond our data capabilities, PBI also offers flexible report formats and scheduling, as well as proprietary search technology that allow us to match records using a variety of criteria if the SSN you provide is incomplete or incorrect.

Confidentiality and Data Security

Relationships with all of our clients are based on integrity and trust. We understand the importance of protecting and securing confidential information. Access to client information and/or data is restricted to internal staff and is solely used for the purposes for which it was provided.

Benefits:

1. Save money
2. Lower PBGC premium payments
3. Reduce your funding liability
4. Stop sending pension checks to deceased pensioners

Client Quotes:

“Many thanks – this is remarkably easy and convenient for us. As you noted, there were five deaths in recent months, all of which I was not aware of. Thanks!”
-Union Client

“The upload and download were both very painless and the turn around time was less than a day. I am a satisfied customer. Thanks for the follow-up.”
-Bank Client

“Thank you very much for your help. I really like using the PBI website to submit social security sweeps and receive responses regarding the sweep.”
-Third Party Administrator Client

“The monthly file submission is working great! We were not aware of Jane Does’ death until she appeared on the PBI report – in fact, we still have not been notified or contacted regarding her death and she would have been overpaid for July’s payroll had we not submitted the files monthly. We have been reporting ‘catches’ like these to the Board of Trustees at their meetings as well and they seem pleased with the way things are working.”
-Third Party Administrator Client