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Sagitec Press Releases

Sagitec Successfully Implements New Pension System for Missouri LAGERS On Time and On Budget

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.


Sagitec Reports Progress on “State of the Industry” Pension System for PSRS/PEERS of Missouri

Jefferson City, MO – Seeking to enhance business processes and improve service levels to members and employers well into the 21st 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.”


Missouri LAGERS Sees High Impact from Sagitec Solutions’ Neospin™ Employer Web Portal

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.


Missouri LAGERS Chooses Sagitec for New Pension Administration System

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.


Kansas City Public Schools Retirement System (KCPSRS) Awards Contract to Sagitec Solutions

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.