OUR SOLUTION:
Integrated actuarial and administration services that streamline processes and create greater efficiencies for potential cost savings
DEFINED BENEFIT PLAN ADMINISTRATION
Defined benefit (DB) plans continue to grow in complexity due to ever-changing regulations and associated risks — not to mention the increasing cost of managing these plans in house. When you outsource the administration of your DB plan to Mercer, you access DB plan expertise with the backing of deep company resources. Our DB plan solutions also complement our DC offering, providing you and your employees with a full spectrum of total retirement program services.
SELECT YOUR DB PLAN CHALLENGE TO SEE OUR CUSTOM SOLUTIONS.
OUR SOLUTION:
Dedicated regulatory specialists who support our client teams and collaborate with you and your consulting partners to help you manage your fiduciary obligations
OUR SOLUTION:
Strategic data consulting and analysis services that help you measure data quality and develop cost-effective solutions to data challenges, such as paper records conversion and legacy database consolidation or reconciliation
OUR SOLUTION:
Our fully customized employee engagement strategy that includes communications on distribution options, a pension estimator tool and contact center support to educate and assist employees in understanding their pension benefit
EMPLOYEE ENGAGEMENT
By applying our expertise in retirement education, online self-service tools, and superior customer service, we can deliver an impactful and integrated experience that helps your participants fully understand their options, make informed choices, and take action.
PENSION PLAN DE-RISKING
Pension plan sponsors face ongoing expenses to administer the accounts of terminated-vested participants until their benefits are completely paid. Mercer has created a comprehensive DB cash-out solution to help you alleviate these costs and reduce the risk of rising interest rates over time.
