A paid-up policy register contains the persons who are covered by the company’s pension plan but no longer have any new accrual under the pension plan.
This is how our service works
- The service includes indexing the paid-up policy as necessary.
- We conduct proof of life verification on an ongoing basis.
- Prior to retirement, we contact the prospective retiree in order to obtain necessary information prior to the pension disbursement.
- Each year we submit a report regarding all of the persons in the paid-up policy register and their benefits.