Benefits

The Benefits Administration Module delivers advanced automation for all of your employee benefit plans. It is fully integrated with the PSG Suite. This module defines and manages all plans through detailed benefit definition and calculation tables. Examples include health insurance, spending accounts, 401(k), pension, profit sharing, life, LTD, STD, COBRA, dependent, and user defined plans.

As with all modules, the Benefits Administration Module incorporates the fully integrated and visual report painter, user-controlled screen painter, multilevel Gatekeeper security, flexible import and export, detailed on-line help, and table driven calculations and processing.

Comprehensive Functionality

Tracks plan qualification rules for each plan	Automates flex credit calculation and balancing
Calculates eligibility & vesting by status, organization, and/or employee category	Enrolls in all plans on one screen
Supports IRCA-required data and reporting	Recalculates all records when plan rules or rates change
Stores dependent data including SSN, all eligible plans, coinsurance, and address	Executes year rollover automatically
Tracks unlimited beneficiaries per employee	Creates PR deductions and passes them through the payroll interface
Manages plan service and age requirements	Calculates and stores employee and employer contributions
Communicates with record keepers	Creates carrier premium reports
Plans benefit changes in advance, then models reports and costs	Maintains on line history for five years

How You Will Benefit

You have fast and easy access for employee and management questions.

The system’s automated control tables eliminate manual calculations.

Errors are caught instantly by the module’s verification routines.

Users learn quickly since the module’s look and feel is identical to the HR module.

Eliminates triplicate entry between HR, Benefits and Payroll.

MIS support and costs are minimized since users control the tables, can add screens and fields and run

their own reports.

External record keepers receive better information on a timelier basis.

Data is easily exchanged with other systems.

Changes are automatically integrated between HR and Benefits to reduce errors and work.

Employee service is faster and more accurate and requires less staff.

All information is maintained in a single database for simpler administration and reporting.

Security creates multiple levels of user access to simplify control.

Integration

PSG’s Suite is fully integrated throughout all modules and with the payroll. This means that as data changes in the HR system (such as compensation) it is automatically exchanged with the Benefit’s module and passed on to payroll through the Interface Module. The standard report painter, import/export, screen painter, and security functions, are all dynamically linked together into a single, consistent system.

Technology

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