Benefits Management

Benefit Planning and Enrollment

Benefits Management is designed to support advanced Benefits Administration and allows the user to define unlimited types and numbers of Health and Welfare Benefits as well as Retirement Benefits. Employee eligibility will be determined based on Policy and then Employees will be able to enroll or exit from Benefit Plans through Self-Service.

Pension Fund Management

Pension Fund Management allows the user to define specific Terms and Conditions and Eligibility Rules for Pension Funds for countries where Pension Funds are tracked by the Employer and the rules differ based on the Seniority of the Employee.

Investment Fund Management

Investment Funds or Savings Plans can be defined and linked to specific Benefits provided by the Employer. Minimum and Maximum Contributions by both Employer and Employee can be defined, as well as Eligibility rules, Payment Rules and who is entitled to Withdraw funds based on which Terms. The application is integrated with Interact’s Payroll.