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We understand the unique needs of pension funds and work collaboratively with their decision-makers to professionally administer their assets.
As one of the largest providers of benefit disbursement services, our core services are comprised of periodic and non-periodic payments for defined benefit and defined contribution plans including 401(k) payments, death benefits, rollovers and withdrawals.
We also specialize in the following plans:
- Qualified and Nonqualified Plans
- Supplemental Executive Retirement Plans
- Rabbi Trusts
- Cash Balance Plans
- Stock Options/Employee Stock Purchase Plans
- 457 and 403(B) Plans
- Collective Trusts
Let our leading-edge technology work for you and your pensioners
You can obtain electronic copies of a wide array of reports, securely and conveniently. Our user-friendly online tool enables you to search for account and participant data so that everything you need is at your fingertips:
- Enhanced Pensioner Website – pensioners can view current and historical payment information all in real time.
- Multiple ACH deposit options – pensioners can choose to have specific amounts deposited into more than one bank account.
- Daily disbursement registers – reflects adjustment activity and enables your staff to view all such activity, including check reissues, off-cycle payments, and funding information.
- Increased report flexibility – our system allows reports to be generated on a daily, monthly, or as-needed basis.
Invested in You
Turn to BNY Mellon for unparalleled dedication, experience and support throughout the investment process.