MINNEAPOLIS, June 8, 2021 — PBI Research Services, the leading death audit provider, announced its flagship product, CertiDeath®, has resulted in over $100 million of savings for clients. CertiDeath, the industry’s only advanced death audit solution, has experienced 200% year-over-year client growth as it reduces overpayments to deceased pension plan participants.
CertiDeath eliminates the work, complexity, and uncertainty now associated with identifying deaths, saving companies the time spent manually reviewing obituaries and helping avoid overpayments due to missed or misclassified deaths.
As a result of a 2011 change to death data available via the Social Security Administration Death Master File (DMF), on average only 23% of deaths today can be identified via the DMF. Without a singular comprehensive source of reliable information, companies have been left to aggregate and validate data on their own…
