plan sponsor

Plan Sponsor Article: Pension Plan Sponsors Can Tackle Improper Payments

“People who have worked really hard for years and years and years can’t get the money that’s owed them in retirement if you don’t accurately identify them as a lost participant...you’re paying money out to people who shouldn’t be getting those payments.” said John Bikus, President of PBI Research Services. Read the full article on Plan Sponsor at: https://www.plansponsor.com/pension-plan-sponsors-can-tackle-improper-payments/

John Bikus2023-06-15T13:52:59-05:00May 11th, 2022|News, Pensions|

Plan Sponsor Article: PBI Launches Pension Plan Population Management Solution

“Pension plan population management continues to become a more difficult, costly, time-consuming and riskier process,” says John Bikus, president of PBI Research Services. “With CertiCensus®, PBI offers a solution combining unparalleled decedent identification, a locate product conforming to DOL guidance, service to manage required participant communication, and consistently-updated participant/beneficiary information.” He adds: “CertiCensus helps pension plans maximize the lifetime of the fund by reducing costs and minimizing overpayments in addition to providing auditable trails [...]

John Bikus2023-06-16T09:17:08-05:00October 7th, 2021|News, Pensions, Population Management & CertiCensus|

Plan Sponsor Article: Ensuring Clean Participant Data

"One of the most critical aspects in maintaining a healthy retirement plan is guaranteeing clean participant data, says John Bikus, president of PBI Research Services, a provider of death audit and location services. Having correct Social Security numbers and dates for critical life points, including birth and retirement, is integral to identifying missing and deceased participants, Bikus says. He points out that defined benefit (DB) plan overpayments, such as to a deceased participant, also [...]

John Bikus2023-06-16T09:58:59-05:00August 16th, 2021|Data Cleansing & Cleanup, News, Pensions|