Sagitec announces launch of new pension administration solution to better serve smaller markets

ST. PAUL, MN - Nov. 15, 2016 

Pension agencies that serve less than 10,000 members know the challenge of finding a pension administration solution that fits their budget and resources. Sagitec is pleased to announce that their latest product offering, Neospin Fast Track™, resolves those challenges. Neospin Fast Track™ allows a client to upgrade their line-of-business solution with base functionality offerings, affordably. The software package also comes staffed with dedicated project resources.

Global IT company is helping organizations synthesize knowledge capital to enhance competitive advantage with their Knowtion™ knowledge management solution

ST. PAUL, MN - Oct. 22, 2016 

Sagitec Solutions is excited to announce the release of Knowtion™, the global software company’s newly evolved enterprise knowledge solution. Some of Sagitec’s leading technology experts created Knowtion™ to provide organizations with an easily deployable platform for capturing, managing and referencing their organization-specific knowledge.  

Sagitec Solutions is a gold sponsor of the premier conference for the unemployment insurance industry

ST. PAUL, MN - Sept. 28, 2016 

Sagitec Solutions is gearing up for the 2016 National UI Directors’ Conference and IT/Legal Issues Forum Oct. 3 through 6 in New Orleans, La. The National Association of State Workforce Agencies (NASWA) and the Louisiana Workforce Commission organized the event, which is the premier conference for the unemployment insurance industry. Sagitec is showing their support for the conference and the industry at large by becoming a gold sponsor.

Company is recognized for its innovative and transformative solutions for the public sector industry

ST. PAUL, MN - August 31, 2016 -

On Aug. 9, Sagitec was named Microsoft State and Local Government Solution Partner of the Year for 2016. The award was announced at the annual Microsoft U.S. Public Sector Kickoff and Industry Solution University event held in Washington, D.C. The award recognizes Sagitec’s excellence in providing public sector customers innovative and unique solutions based on Microsoft technologies.

Sagitec Solutions completes a large-scale modernization project for Montana Public Employee Retirement Administration 

ST. PAUL, MN August 4, 2016 - On July 11, 2016, Montana Public Employee Retirement Administration (MPERA) began to reap the benefits of modern and automated technology when their new pension administration solution went live. The Neospin™ solution, which was designed and developed by Sagitec Solutions, is used to help MPERA manage eight public retirement systems and two plans that serve 25,400 retirees and 42,150 active members.

Beth Hart, MPH joins Sagitec as the new Director of Change Management, bringing years of leadership experience to Sagitec's existing CM practice.

ST. PAUL, MN DECEMBER 2, 2013 - Sagitec, a leading provider of software solutions for the retirement and unemployment insurance industries, is proud to welcome Beth Hart, MPH as our new Director of Change Management. Ms. Hart will oversee all change management related activities for Sagitec and its clients, including planning and implementation, sales, and internal support.

Teamwork and dedication prove keys to overcoming challenges and delivering LAGERS’ new ECLIPSE system successfully. 

Saint Paul, MN – Sagitec Solutions, a global provider of tailor-made IT solutions for the pension industry, announced today the on-time, on-budget completion of a state-of-the-art pension administration solution for the Missouri Local Government Employees Retirement System (LAGERS). Featuring Sagitec’s Neospin™ pension administration software, LAGERS’ new system (aka ECLIPSE) puts the retirement fund at the forefront of the public pension industry by giving them advanced business capabilities not present in the legacy system.

Recent awards for IT system replacement contracts at the School Employees Retirement System of Ohio and the Kentucky Teachers’ Retirement System bring the total number of pension administration system replacement projects Sagitec is implementing for school and teacher retirement plans to six.

Saint Paul, MN – Sagitec Solutions, LLC, a global provider of tailor-made IT solutions for the pension industry, announced today contracts that commenced in mid-2011 with the School Employees Retirement System of Ohio (SERS of Ohio) and the Kentucky Teachers’ Retirement System (KTRS) to deliver new, fully integrated pension administration systems based on Sagitec’s Neospin™ pension administration software framework.  With the addition of SERS of Ohio and KTRS, the Minnesota-based company expands its expertise at implementing major IT systems for retirement plans that cover teachers and school employees, bringing its total number of clients with education employee retirement plans to six. 

Flood of city employee early retirements almost delayed the project, but a strong commitment to success and a dedicated team carried the project forward

St. Paul, MN (June 14, 2012) - Sagitec Solutions, LLC, the Minnesota-based IT firm specializing in tailor-made pension administration systems, successfully delivered an integrated line-of-business solution for the Denver Employees Retirement Plan (DERP) of Denver, CO five months ahead of schedule. Despite a flood of early retirements that forced DERP staff to take a three-month hiatus from the project, dedicated teams from both parties collaborated on an innovative solution to the potentially serious setback and drove the project to successful completion. The new system, called CRIS, is live and currently supporting all of DERP’s core business functions.

Sagitec will implement its Neospin™ pension administration software system for the San Diego City Employees’ Retirement System and for the Motion Picture Industry Pension and Health Plans, Sagitec’s first project with a Taft-Hartley fund.

New system support model reduces the risk of technical obsolescence. 

St. Paul, MN - Sagitec Solutions, a leading provider of pension administration systems, announced today the addition of a comprehensive IT system support model to complement its implementation and delivery services. The company’s approach promises clients a holistic set of options for tailoring system support to meet their strategic business goals and technical competencies. Going beyond corrective maintenance, the new service embraces adaptive and perfective support aimed at avoiding technical obsolescence, ensuring long-term viability of a client’s IT system, and reducing a pension administration system’s lifetime costs.

St. Paul, Minnesota—October 27, 2011—Sagitec Solutions, LLC, a global provider of pension administration software systems, announced today the addition of Change Management Services to its list of professional service offerings. The new services will help pension organizations address the difficult task of transitioning employees and organizational processes to a new IT system by delivering to clients change readiness, system adoption, and organization design services alongside Sagitec’s existing pension administration system business.

Twin Cities, Minnesota—September 27, 2011—Sagitec Solutions, LLC, a global provider of pension administration software systems, announced today a compound annual growth rate (CAGR) of 45% since 2004. In the first half of 2011, the company secured over $50 million in new contracts, strengthened their backlog to over $95 million, and expects increased revenue by 48%. With over 30 percent of assets in cash and cash equivalents, high retained earnings, and high quality receivables, Sagitec has started out the year with a bang—and is poised to capture additional market share.

Jefferson City, MO – Seeking to enhance business processes and improve service levels to members and employers well into the 21^st century, the Public School and Education Employee Retirement Systems of Missouri (PSRS/PEERS) partnered with Sagitec Solutions, LLC, a global provider of IT administration solutions, to implement a new framework-based, “state of the industry” pension administration system.  The project, dubbed “OASIS,” implements Sagitec’s Neospin™ framework, which provides a technical architecture flexible enough to support PSRS/PEERS’ existing application functionality but includes many enhanced core functions such as data integrity, full transaction processing, security and internal controls.  The OASIS project began in March 2010 and is Sagitec’s second major pension system implementation in the state of Missouri. 

"When we began the search process for a pension software vendor we were looking for a company who had successfully built and implemented a proven solution for a complex retirement system like PSRS/PEERS of Missouri,” says Dearld Snider, Assistant Executive Director of Operations for PSRS/PEERS. “After conducting a thorough bid process it was easy to see why Sagitec had built such a strong reputation in the public pension arena over the last several years. Now that the project is fully underway, our staff is very excited about the progress made thus far, and we're looking forward to continuing our partnership with Sagitec throughout the project and beyond.”

The Missouri Local Government Employees Retirement System (LAGERS) launched a new Employer Web Portal using Sagitec Solution’s Neospin™ pension administration framework. This key phase of LAGERS’ initiative to replace their entire pension administration solution with Neospin™ was implemented ahead of schedule and is showing immediate and measurable benefits to LAGERS and employers alike.

Sagitec will replace multiple applications of MSRB’s current system with a fully hosted, integrated, browser-based solution built on a Microsoft .NET platform.

As the most vital piece of a larger strategic effort to improve their IT infrastructure, the modernization of the Massachusetts State Board of Retirement's pension LOB solution is now in the hands of Sagitec Solutions, LLC. Sagitec, a global technology services company, won the multi-year contract to replace MSRB’s existing system with a customized version of its industry-leading Neospin™ framework. The completed solution, to be hosted and managed by Sagitec at their hosting center in Denver, Colorado, will improve MSRB’s business processing speed and accuracy, enhance member services by extending self-service capabilities to members and employers, and help MSRB control costs by increasing the efficiency of its staff.

Sagitec Solutions, LLC recently won a bid to assist the Virginia Retirement System (VRS) in implementing a multi-year program the agency is calling "modernization."

Sagitec Solutions, LLC recently won a bid to assist the Virginia Retirement System (VRS) in implementing a multi-year program the agency is calling "modernization." The program's goal is to upgrade the agency's aging technology infrastructure and streamline business processes, while providing superior service to a growing number of members and retirees.

Sagitec Solutions, LLC, a global technology services company, is implementing its Neospin™ framework at the Denver Employees Retirement Plan (DERP). DERP, which provides a defined benefit retirement plan for over 20,000 employees and retirees of the City of Denver, Colorado and the Denver Health and Hospital Authority, will receive an integrated, browser-based pension administration system to be hosted by Sagitec at their data center in Denver. This multiple-year contract marks Sagitec's second pension system implementation in Colorado.

Sagitec Solutions, LLC celebrates its fifth anniversary on April 1st. Sagitec has rapidly established an impressive track record of successful system implementations, and is currently engaged in several major public pension projects across the country.

Sagitec Solutions, LLC celebrates its fifth anniversary on April 1st. The team behind this global technology solutions provider has cause to celebrate. Sagitec has rapidly established an impressive track record of successful system implementations, and is currently engaged in several major public pension projects across the country. The challenging economic environment hasn't stopped the company from steadily increasing market share. The group of focused IT specialists has quickly become an acknowledged leader in the public pension industry. Senior Partner Rick Deshler describes Sagitec's recipe for success:

Sagitec Solutions, LLC has launched the implementation of a new benefits administration solution for the Missouri Local Government Employees Retirement System (LAGERS). Sagitec, a global technology services company, won the multi-year contract to replace LAGERS's existing system with a customized version of its industry leading Neospin™ framework. LAGERS, which administers multiple retirement, death, and disability benefit plans for over 44,000 participants and 553 participating political subdivisions across Missouri, seeks to improve business processing speed and accuracy, and extend self-service capabilities to members and employers.

KCPSRS awards Sagitec a managed services contract for a fully hosted pension administration solution. 

Sagitec Solutions, LLC, a global technology services company was selected by Kansas City Public Schools Retirement System (KCPSRS) to provide, implement, host, and support a new KCPSRS pension administration system.

Sagitec partners with NDPERS and will utilize its Neospin™ Framework to modernize the North Dakota Public Employees Retirement System.

Sagitec Solutions LLC, a global technology services company, officially announces that it was awarded a multiyear contract from the North Dakota Public Employees Retirement System (NDPERS) to implement a new benefits administration system. NDPERS serves 25,000 plan participants and 375 employers across North Dakota, and administers the State's retirement, health, life, dental, vision, deferred compensation, flex comp, retiree health insurance credit, long-term care, and employee assistance programs.

Sagitec helps the public pension industry improve operational efficiency, increase service levels and respond to change.

Sagitec Solutions was selected by the Fire & Police Pension Association of Colorado (FPPA) as their system integrator to design, develop and install a new pension administration system. The FPPA was established in 1980 and administers a statewide multiple employer public employee retirement system providing defined benefit plan coverage as well as death and disability coverage for police officers and firefighters throughout the State of Colorado. FPPA also administers over 200 separate defined benefit pension funds for police officers, firefighters, and volunteer fire; as well as a statewide money purchase plan, a statewide hybrid plan, and a 457 deferred compensation plan.