You can also watch/listen to this webinar on our Berwyn University page. On August 15, 2024, Mariah Becker, NCCMP, Jim Donofrio, PBGC, and Randy McGeorge, Morgan Lewis, joined Berwyn’s Lindsey Tate-McDonald to discuss current and proposed pension related guidelines around several important topics: missing participants, SFA, DMF, audits and more. [continue reading]
Unreported deaths are increasing. The decline of the Death Master File and the rise of disparate data sources have made it more challenging than ever for pension plans to identify decedents and locate missing participants/beneficiaries. But inaccurate data can lead to costly overpayments that could threaten the longevity of [continue reading]
This month, industry experts are set to discuss current and proposed pension-related regulations and their implications in a webinar hosted by Berwyn University. [INDEPENDENCE, Ohio, Aug. 14, 2024] -- The Berwyn Group, a leader in death audit and locate services, is proud to announce the launch of Berwyn University, an [continue reading]
We are excited to announce further advancement in our ongoing focus on cybersecurity. With significant time and investment, we’ve implemented field-level and per-client encryption. These updates layer on top of industry standard Transparent Database Encryption (TDE) to further protect data even if an attacker achieved direct access to our database, [continue reading]
2023 was another record year with over 800 Pension Risk Transfers completed, a 30% increase from 2022. The pace continues in 2024 so it’s not a surprise that the PRT insurer participation has doubled over the past decade. Industry experts explain why the market for PRTs is hot right [continue reading]
It seems more and more death matching services are making claims about how many deaths they find while presenting nothing to back up their numbers. At Berwyn, we do an analysis every year to make sure our CertiDeath claims are current and verified. In fact, our most recent analysis [continue reading]
Pension plans and insurance companies have a lot on their plate, so it isn’t uncommon for their death audit process to get overlooked. It may often be seen as checking a box to make sure there’s some form of a death audit process in place. However, not taking a [continue reading]
We often hear from organizations that run an annual or semi-annual death audit and think they are doing enough. However, they are likely choosing a path that ends up costing them more in overpayments and time. It’s important to have continuous monitoring of your population and take a proactive approach. [continue reading]
Pension plan participant management is more challenging than ever. That’s why we’ve put together four quick tips for plan administrators to help better manage their plan: Tip #1: It starts with an accurate and validated death audit. Finding all decedents requires massive amounts of resources, skills and time – simply [continue reading]
The continuing degradation of the Social Security Administration's Limited Access Death Master File (DMF) makes the choice of a death audit vendor increasingly important. What are the essential aspects to consider in this selection? What important questions should you ask potential vendors? To assist you in this important decision-making [continue reading]
