The Hidden Cost of Unreported Mortalities
A single missed mortality event can lead to months, or even years, of improper payments. While most pension plans, retirement systems, and multi-employer union benefit funds have controls in place, delayed mortality identification remains one of the most persistent challenges in retirement plan administration. For pension administrators, union benefit fund administrators, and retirement system leaders, […]
Why Every Pension Plan Needs a Comprehensive Mortality Verification Service
In the ever-evolving world of finance, accuracy reigns supreme. For pension plans, maintaining up-to-date participant information is crucial. Yet, a surprisingly straightforward task – verifying a participant’s mortality – can become a hidden liability. This is where comprehensive mortality verification services step in, offering a powerful solution to a potentially costly problem. The Challenge: The […]
The Critical Role of Mortality Verification in Managing Pension Overpayments
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. In the complex landscape of pension fund management, ensuring the accuracy of payments is paramount. This not only involves the correct calculation of entitlements but also the vigilant monitoring of changes in pensioner status, particularly in cases of mortality. […]
The Importance of Mortality Verification in Pension Management: Insights from the PBGC’s White Paper
*This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. In the realm of pension management, accurate and timely updates on pensioners’ status are crucial for preventing overpayments and fraud. A recent white paper by the Pension Benefit Guaranty Corporation (PBGC), authored under the guidance of Brooke Holmes, Deputy […]
Enhancing Pension Plan Integrity Through Mortality Verification: Insights from the PBGC
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. In the meticulous world of pension plan management, maintaining up-to-date and accurate participant records is not just a matter of administrative diligence—it’s a legal and financial necessity. The process of ensuring these records accurately reflect the current status of […]
Data Concerns and Mortality Verification in Pension Administration
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. Pension administrators play a vital role in safeguarding the financial future of countless individuals. This responsibility extends to protecting the sensitive data entrusted to them, a task that can feel increasingly complex in today’s digital landscape. The need for […]
Why Every Pension Plan Needs a Comprehensive Mortality Verification Service
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. In the ever-evolving world of finance, accuracy reigns supreme. For pension plans, maintaining up-to-date participant information is crucial. Yet, a surprisingly straightforward task – verifying a participant’s mortality – can become a hidden liability. This is where comprehensive mortality […]
The Hidden Cost of Bad Pension Data
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. Did you know millions have been sent to deceased pension plan participants? Shocking, right? But this is just the tip of the iceberg when it comes to the hidden costs of bad pension data. In today’s dynamic world, keeping […]
Why Abacus Intel Stands Out in Mortality Verification Services
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. Maintaining accurate participant data is paramount for any pension plan administrator. Mortality verification also known as a death audit – the process of verifying deceased participants – play a crucial role in ensuring financial integrity and preventing fraud. But […]
Safeguarding Your Pension: A Guide to Navigating Overpayments
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. Pension miscalculations, though seemingly insignificant, can have a significant impact on both the pension plan and its beneficiaries. At Abacus Intel, we understand the importance of secure and accurate pension administration. This blog post will equip you with the […]