87142 Pension Fund Admin Software

Require a programmer with experience in: 1. Pension Fund (Retirement Scheme) 2. Accounting 3. Programming To designed a software to cater for: -Defined Contribution and Defined Benefit schemes -With insured benefit. Should cater for member investment choice and investment in any type of investment medium (managed or guaranteed funds, or any combination thereof). Enable easy access to online information by participating employers, administrators, principal officers, trustees, members and other role players. Collection and validation of data should be streamlined according to defined processes. Supports all retirement scheme types - insured, self-administered and third party administration. Should provide for an unlimited number of contribution types and an unlimited number of investment mediums, and enables contributions to be split between any number of investment mediums. Investments can be unitized with monthly and daily pricing or bonus added monthly or annually with final and interim declarations. Membership data is to be collected electronically via direct links to employers' payrolls or to the employers' payroll office. Should support different data format The client should be able to validate and correct the data before submission to the system. The client authorises the data and income is then collected via EFT or check (Depending on beneficiaries' choice) Access for members and employers to member information and benefit statements is via the Internet. Claim information is supplied by the employer via the Internet. Benefit flexibility should be provided using different permutations of benefit structure rules for a retirement scheme and the facility to copy benefit structures. The accounting structure to be tailored for each scheme or shared across schemes. Accounting disciplines will be imposed at a member level with member financial movements recorded as accounting transactions. Transactions are summarized at a scheme level and can be interfaced to any accounting package if required. Flexible, customisable reporting facilities should be available to the client and the administrator. Only PMB me if you are qualified