Watson Wyatt Unveils Pension Administration Product

April 29, 2003 (PLANSPONSOR.com) - Watson Wyatt is now offering an online pension administration tool for both large and small companies.

According to a Watson Wyatt announcement, PensionPath includes case management and administration tools as well as employee self-service tools. The company said PensionPath could be customized on both the front- and back-ends to match the client’s  brand and service needs while allowing employees to obtain pension estimates.

PensionPath brings system level tools to an employer’s benefits staff, including event processing and administration, ad-hoc and standard reporting, full calculations, history tracking and multi-user capabilities.

PensionPath includes, according to the announcement:

  • flexibility  
  • low long-term total cost
  • Watson Wyatt’s benefits experience
  • scalability to accommodate changes like mergers, acquisitions, technology enhancements and population or plan changes
  • access to functionality such as an event processing “wizard” and simple and streamlined web interfaces
  • case management tools.