Why Missing a Single Mortality Event Can Put Your Entire Plan at Risk
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. In the administration of pension plans, retiree benefit programs, and life insurance portfolios, accuracy is non-negotiable. Yet a single unreported mortality event can create a costly chain reaction, impacting financial stability, compliance integrity, and stakeholder trust. Abacus Intel delivers […]
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 […]
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 […]
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 […]
$207 Million Lost: What Medicaid’s Audit Reveals About Mortality Data Gaps
A recent audit from the U.S. Department of Health and Human Services Office of Inspector General (OIG) highlights a costly and persistent issue: payments continuing after a recorded mortality event. The numbers are significant. Medicaid agencies made an estimated $207.5 million in unallowable capitation payments to managed care organizations on behalf of deceased enrollees in […]
What Pension Plans and Insurers Need to Know About the Ending Improper Payments Act
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. The federal government recently passed the Ending Improper Payments to Deceased People Act, legislation designed to strengthen data sharing and prevent payments from going to individuals after a mortality event has occurred. As Senator John Kennedy stated, “The […]
How Insurance Carriers Can Improve Mortality Verification and Benefit Transfers
When a loved one passes away, families are often overwhelmed – emotionally, logistically, and financially. Amid the grief and the numerous responsibilities that follow, an important question eventually arises: Did my loved one have life insurance, and how do I claim it? The reality is that most beneficiaries don’t file a claim right away. Some […]
The Impact of Job Hopping on Pension Plans
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. The perception that younger workers “job hop” more than past generations is often exaggerated. Research from the National Institute on Retirement Security, in its report Debunking the Job-Hopping Myth about Millennials and Gen Z, shows that millennials and Gen […]
Why Accurate Data Is Essential for Pension Plan Integrity
**This blog was published prior to the Abacus Intel corporate name change in Q1 of 2026. Every year, U.S. pension plans lose millions of dollars to overpayments caused by outdated participant records; each one affecting a retiree who depends on accuracy and trust. As a pension administrator, accurate data is the foundation of financial integrity […]
Prepare Now for Annual Funding Notices
August is Pension Protection Month, a reminder that protecting a pension plan begins with protecting the quality of the data behind it. While Annual Funding Notices (AFNs) are distributed after the close of the plan year, the work to ensure accurate reporting starts well before year-end. As pension plans begin preparing for year-end reporting and […]