Description
The Pennsylvania State Employees’ Retirement System (SERS) is seeking to procure an integrated enterprise pension administration software product to support the full retirement benefit lifecycle. The selected vendor will be responsible for providing a commercial software solution to replace SERS' legacy custom-developed pension administration technologies. The scope of work includes enrollment and service tracking, retirement processing, annuity payroll, employer contribution management, and post-retirement services. Key considerations for this project include the ability to integrate with existing systems, provide a user-friendly interface, and ensure data security and compliance with relevant regulations.
• The selected vendor will be required to provide a comprehensive software solution that meets SERS' requirements.
• The vendor will be expected to provide ongoing support and maintenance for the software.
• The project will require collaboration with SERS staff to ensure a smooth transition from the legacy system.
• The vendor will be responsible for ensuring the security and integrity of sensitive data.
• The project timeline is approximately 1 year, and the vendor will be expected to meet key milestones and deadlines.