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BNY Mellon Asset Servicing

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Plan Services

BNY Mellon Asset Servicing understands the unique needs of pension organizations and has worked with their decision-makers to professionally administer their assets. We are a proven leader that specializes in providing services to pension plans as demonstrated with our capabilities.

• Defined benefit plans
• Defined contribution plans
• Employee stock ownership plans
• Non-qualified plans
• Benefit disbursements
• Multinational master recordkeeping

Benefit Disbursements

As one of the largest providers of benefit payment services, our core services include periodic payments and non-periodic payments including lump sum distributions, death benefits, rollovers and savings and loan withdrawals.

Our extensive capabilities and state-of-the-art benefit payment system offer many features that can streamline your benefit disbursement process and improve the service that we can provide both to you and to your participants.

Highlights of our system include:

• The opportunity to select multiple ACH deposit options — pensioners can choose to have specific amounts deposited into more than one bank account
• Daily disbursement registers reflecting adjustment activity — this feature gives your staff the ability to view all adjustment 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

Our leading-edge online technology enables you to obtain electronic copies of a wide array of reports, securely and conveniently, from any PC with Internet access. This user-friendly tool enables you to search for account and participant data so that everything you need is at your fingertips.

Multinational Master Recordkeeping

BNY Mellon Asset Servicing's single worldwide custody platform offers you borderless service in response to your need for worldwide pension and investment oversight and control. In addition to being able to provide a master custody solution where we act as custodian to all of your plans worldwide, we have developed a custody-neutral solution, allowing local plans to have the flexibility to maintain their existing custodian. Through a direct data feed, all local plans have access to the same information and value-added products and services that they would receive under a master custody environment. In addition, the local expertise of our regional offices can be leveraged to support your individual country plans, while your home office can receive consolidated reporting for all its investment plans around the world. Features include:

• Immediate, accurate and timely multicurrency reporting
• Performance measurement and attribution analysis
• Daily and monthly analytical characteristics
• Consolidated holding and cash reporting on a single platform
• Maintenance of high-integrity data
• Access to a worldwide platform

Our master recordkeeping solution not only provides you with a consolidated view of your investment program, but can also offer support in your risk management activities. Our performance products offer insight and analysis of your portfolios. Our advanced investment monitoring tools allow you to automate the investment guideline review process.