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.

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.

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 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 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.