fund adiministration system

fund system.


The MemberTrack Fund Administration System automates many of the functions that you may now do manually, including pension and annuity payment processing, pension eligibility, welfare claims processing, and employer remittance processing.  The system is completely customized according to the unique rules and requirements of your organization, and the CSI staff will work closely with your fund administrator and personnel in the development of the components that you need.

Some of the available components of the MemberTrack Fund Administration System are:

Employer Remittance Processing: generate monthly employer billings, enter contractor contributions into an unlimited number of funds, track employer delinquencies, send reciprocal contribution payments to locals for "travelers"

Pension Eligibility: determine members' pension eligibility based on your unique pension eligibility guidelines, generate pension worksheet indicating pension alternatives

Monthly Pension Payment Processing: automatically generate monthly pension checks, create direct deposit transactions, generate 1099-R forms, electronic filing to IRS

Recurring and Lump-Sum Annuity Payment Processing: track members' annuity balances, apply interest and forfeitures, create recurring and lump-sum annuity checks, generate 1099-R forms, electronic filing to IRS

Medical/Dental/Prescription/Legal Claims Processing: complete Health & Welfare processing including HIPAA-compliant transaction processing, automatic adjudication of claims based on your unique Schedule of Benefits, generate EOB's and checks, experience reporting, generate 1099-MISC forms, electronic filing to IRS

Welfare Eligibility: automatically determine members' welfare eligibility based on your individual eligibility requirements

Disability Processing: track members' disability, generate disability payments

COBRA and Premium Payment Processing: automatically generate COBRA and HIPAA notices upon loss of eligibility, process members' premium and COBRA payments, track members' COBRA periods

Vacation Benefit Tracking: track members' vacation contributions, generate vacation vouchers or checks based on your unique benefit guidelines

Scholarship Benefit Tracking: track members' scholarship contributions, award scholarships based on your fund's requirements, track scholarship recipients to ensure continued eligibility