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Public retirement systems operate in a demanding environment rife with change. The legislative, political, sustainability and media pressures are intense and continuous. Daily, retirement programs balance the needs of members, retirees, employers and agency personnel. They are challenged to deliver improved customer service and execute their business with technology that is often inflexible and fragile while also being costly to change and maintain.
As the number of members retiring increases at an accelerating rate, retirement systems are expected to deliver more with less. The inclusion of alternative benefits structures not aligned with traditional defined benefit offerings changes the way they operate and deliver services―moving from primarily delivering benefit payments to becoming more of a retirement coach. Retirement systems are increasingly called upon to maximize retirement benefits while minimizing impact to assets under management. They are increasingly called upon to deliver higher and higher levels of performance.
We are uniquely positioned at the intersection of business and technology. Based on direct experience in the public employee retirement market and by working with clients globally and Fortune 100 companies, we understand what makes a high-performance organization. We can help you to become a high-performing public retirement system―one that is sustainable, nimble and responsive to changing customer needs, legislation and economic conditions. We have the methods, tools, assets and people with the experience to deliver high performance.
Accenture is a unique partner for public employee retirement systems, because of how we combine our industry knowledge, extensive service offerings and enabling technologies based on our deep understanding of what your members expect from their retirement program.
Providing services in management consulting, technology implementation and application and business outsourcing, we deliver:
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