WASHINGTON–(BUSINESS WIRE)–The National Conference on Retirement Systems for Public Employees today announced that it has partnered with the first digital platform for public pension plans to offer members a streamlined way to bridge the divide digital.
NCPERS has entered into a strategic alliance with Digital Deployment to make the company’s PensionX digital platform available to NCPERS members at a 10% discount.
The alliance is the culmination of multi-year research that has led NCPERS to review and test numerous mobile applications, said Hank Kim, NCPERS executive director and attorney. He said PensionX stands out because it seamlessly integrates with pension administration systems. It also includes a robust suite of tools that plans can leverage to create a compelling user experience, including member website and portal development and secure file upload capability.
“Americans clearly have a growing preference for managing their finances through digital and mobile platforms rather than the web,” Kim said. “Yet public pension plans have been slow to offer mobile access.” He noted that as of December 2021, 71% of public pension systems provided account information to members via a website, but only 7% offered access via a mobile app, according to the 2021 NCPERS Survey of Pensions. public pension systems.
“In our fast-paced, technology-driven world, pension plans have no time to waste,” Kim added. “Our members have asked us for this solution and have pointed out that public plans that do not become mobile quickly risk becoming irrelevant.”
PensionX was designed to meet the needs of public pension systems that want to provide better member self-service without going through the time, expense and ordeal of a major pension administration system overhaul, Sandeep said. Mehta, CTO at Digital Deployment. “Our comprehensive front-end pension platform provides all the necessary tools, enabling pension systems to transform their growing range of portals, apps and websites into a convenient format.”
NCPERS members interested in learning more about the digital rollout, Pension X™ and taking advantage of the exclusive member discount can visit https://www.Pension X™.com/products. NCPERS will host a webinar on the digital platform in September; details will soon be available on the NCPERS website.
The National Conference on Public Employees Retirement Systems (NCPERS) is the largest trade association for public sector pension funds, representing approximately 500 funds across the United States and Canada. It is a unique, not-for-profit network of public administrators, trustees, civil servants and investment professionals who collectively manage more than $5 trillion in retirement assets. Founded in 1941, NCPERS is the leading trade association working to promote and protect pensions by focusing on advocacy, research and education, including e-learning for the benefit of public sector pension stakeholders.
About digital deployment and PensionX
Digital Deployment, founded in 2004, has a broad portfolio of customers who use its technology, including pension systems, universities, cities, hospitals, banks, nonprofits, and Fortune 500s. Most website development companies, Digital Deployment focuses on long-term relationships and provides ongoing updates, training, and support. More than 95% of the clients she had five years ago are still with her today. The digital rollout has created PensionX as a member engagement platform (public website, member portal, mobile experience) and brings a new level of self-service that is integrated, predictable, fast and easy to deploy.