BAS offers tools to help employers administer their pension plan in MyEnroll.com. A defined benefit pension plan is a type of retirement plan that pays a fixed sum to a person, typically following retirement from employment.
Pension plans can be difficult to administer, and even more difficult to explain to an employee. BAS helps with both administration and employee communications through the following tools:
BAS can assist with pension calculations based on the employer’s specific plan rules and can also offer pension billing services when various locations are invoiced to fund a plan.
Employees can quickly and easily access online statements to see the growth in value of their projected plan. To view a statement, simply log into www.MyEnroll.com with your user ID and password, then click on the “Pension” tab.
For more information about BAS’ Pension Services, contact your account manager or Solutions@BASusa.com.