the Great Depression preceding the passage of the Social Security
Act, "soup kitchens" provided the only benefits some unemployed
Americans had. This particular soup kitchen was sponsored by the
Chicago gangster Al Capone.
for the administration of flexible benefit cafeteria plans. It provides
accounting for contributions and disbursements. It includes statements
and reports supporting both spending account and benefit dollar
cafeteria plans. Benefits IS integrates with Trust IS
if there is a need to administer investments that are used to fund
self-insured plans. Benefits IS also integrates with various
payroll systems including JD Edwards. Payroll deductions can be
downloaded and check information can be uploaded to accounts payable
IS has the following features:
can be allocated across an unlimited number of benefit choices.
Thus, it can be used to administer benefits that are in addition
to Section 125. For example, you might have a medical reimbursement
plan that is subject to Section 125 but also a voluntary payroll
deduction excess life insurance program that is not subject to
Section 125. Both may be included in the same contribution breakdown
IS includes detailed description and memo capability when
it is necessary to document special situations. For example, if
you want to note that an employee only received a certain reimbursement
amount for dependent care because of a layoff, that can be typed
as a memo.
is available on-line for as long as desired. Benefit statements
can be reconstructed for past periods whenever necessary. Old
history can be purged on a plan by plan basis.
can be paid to either providers or employees as necessary. Check
extract files can be sent to an accounts payable system if required.
billing reports are available for benefits that are fully or partially
checks and EOB's are included in the purchase price of the software.