NEW YORK, June 16, 2017 /PRNewswire/ -- Vitech, a leading provider of retirement, insurance and investment administration software, announced today that the San Mateo County Employees' Retirement Association (SamCERA) has gone live, both on-time and on-budget, with V3® as its new pension administration system. SamCERA provides retirement benefits to over 11,000 active and retired employees, and dependents.
SamCERA's new system supports a wide range of functionality, including Contributions, Pension, Disability, Member Self-Service, Imaging/ECM, Disbursements and CRM. Additional Enterprise tools include reports, documents, letters, workflows and functional matrices. App-based mobile functionality is planned to go live in the summer of 2017, at which point SamCERA's members will enjoy the convenience of being able to perform a wide range of business transactions via their mobile devices.
"We are delighted by the success of SamCERA's V3 installation and are proud of this partnership," said James Vitiello, Vitech's Executive Vice President. "This project highlights the hard work of our combined teams to deliver SamCERA's new system on-time and on-budget."
"We are pleased to be live on V3, which will allow us to better serve SamCERA's members and our participating employers," said Scott Hood, CEO of SamCERA. "With V3, we will continue our commitment to accurately and efficiently administer the retirement benefit system."
V3 is a highly scalable and configurable administrative platform that addresses the complex needs of retirement, insurance and investment organizations. It is an award winning, contemporary technology solution available for on-premise or cloud-based deployments.
About San Mateo County Employees' Retirement Association
The San Mateo County Employees' Retirement Association (SamCERA) is a defined benefit pension plan providing retirement, disability and death benefits for its eligible members and beneficiaries. SamCERA was founded in 1944 by the San Mateo County Board of Supervisors. Today, the association administers benefits for all permanent employees of the County of San Mateo, the San Mateo County Superior Court, and the San Mateo County Mosquito and Vector Control District.
Vitech Systems Group, Inc. is a leading provider of administration software to retirement, insurance, and investment organizations. Vitech provides its clients with proprietary enterprise software, related implementation services and ongoing support, and offers a cloud-based application hosting option. For more information, please visit http://www.vitechinc.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/san-mateo-county-employees-retirement-association-goes-live-with-v3-on-time-and-on-budget-300475333.html
SOURCE Vitech Systems Group, Inc.