Mercer Introduces System for Managing Pensions

A news release said Mercer Globe helps plan sponsors inventory each of their plans and costs; understand and evaluate the economic risks and policy changes; model costs; and promote strong governance practices and avoid surprises.  

The system provides comprehensive access to information that allows employers to make better-informed decisions about retirement programs across their organizations. It provides an inventory of plans and their associated costs on a Web-based platform that promotes strong governance practices domestically or globally.  

Financial management tools embedded in Mercer Globe facilitate both “self service” and collaboration with Mercer consultants. These tools allow the plan sponsor to better understand the economic risks related to its retirement programs, evaluate policy changes, and model plan costs over multiple years. Mercer Globe features secure data transfer and includes a planning calendar to ensure important deadlines are met.