Sagitec Blog: Pension | Labor & Employment

Pension Goes Mobile: There’s an App for That

Christina Kalinowski
Wed, Feb 24, 2016
Pension Administration

Did you know that there is a mobile application that tells you where you parked your car in a pirate voice? Yes, there’s an app for that. An ARRR-guably useful app for some, what about the benefits for a member of being able to update contact information or view annual statements via a pension app?

Sagitec Solutions completes largest ECM migration in company history at a record pace

Jordan Bartlett
Thu, Feb 18, 2016
Sagitec Company News

Sagitec Solutions successfully completed the largest Enterprise Content Management (ECM) migration in the company’s 12 year history for one of their clients, the University of California (UCal). Sagitec’s ECM team was tasked with migrating 7.2 million documents from the client’s legacy system (IBM Image Services) to IBM FileNet P8 and completed this objective in less than 7 months.

Correspondence: How Can Sagitec Help Clients Keep the Bead on a Moving Target?

Christina Kalinowski
Tue, Feb 16, 2016
Pension Administration

Correspondence is a moving target. Changes in public policy that a pension agency must comply with and internal decisions to update the language, tone, or style of a correspondence all contribute to the need for frequent updates over the course of a project. And since such requests for change can happen at any time, it is difficult to enforce an organized update and review process.

Pension Perfect Storm Infographic

Luka Yang
Thu, Jan 28, 2016
Pension Administration

How will the pension system affect your future?

The Pension Perfect Storm infographic depects the 3-critical converging forces changing the landscape of the pension system today. Aging Technology, Aging Population and Reform Oriented Plan Design are all affecting how future generations will be impacted by these changes. The storm in the middle poses the question, "What does this mean?"

This is the reason why many pension systems are looking for new pension software and solutions like Sagitec. To learn more take the Free Pension System Assessment online today for your customized solution.

Sagitec and their client recognized for innovative benefit management solution

Jordan Bartlett
Thu, Jan 07, 2016
Sagitec Culture

The Fiji National Provident Fund’s (FNPF) ProMIS application, which was designed, developed and implemented by Sagitec Solutions in 2014, received a Certificate of Merit award from the International Social Security Association (ISSA) on Nov. 2, 2015 in Muscat, Oman.

The regional competition recognizes agencies that have implemented innovative solutions to address a specific issue, with the ultimate goal of reaching excellence.

Change Management Case Study: State Retirement System Finds Success by Focusing on Employees

Beth Hart
Wed, Feb 05, 2014
Labor and Employment

“The [State Retirement System’s] Senior Management team worried about the general morale in the office. Physical and budgetary constraints had forced an early decision not to increase staff for the project. The Executive Director feared he would not be able to keep up with daily operations, and a growing sense of frustration threatened the retention of capable staff members. The two programmers who had created SRS’ legacy system were only able to participate on a part-time basis. The project goal the SRS had worked so hard to achieve seemed at risk. It was clear something had to be done.” -Sagitec Case Study on Change Management in IT Projects

NCTR Chief Shares Why DC Plans are "Inadequate" for Retirement Security

Rick Deshler
Thu, Dec 05, 2013
Pension Administration

Over the last 25 years, the pendulum in the public pension industry has been swinging from Defined Benefit (DB) plans to Defined Contribution (DC) plans. Powerful advocates in the government and financial sectors have proclaimed that DC plans are the key to reforming a broken pension industry, regardless of the state of the economy. In a bear market, DB plans are unsustainable they say. They put state and local agencies on the path to inevitable failure. On the other hand, in a bull market, DC plans significantly outperform DB plans. Why wouldn’t a pension fund want to follow the DC model?