Profund Classic was built on Profund's stable and robust Pension Administrator framework leased by Hewitt Associates for nearly twenty years. Using a standard 32 bit Microsoft Windows platform and the powerful Profund Pension Calculation Engine, Classic quickly became the standard for in-house pensions systems.
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Using the built-in report writer, clients can build and deploy complex reports, letters, extracts and even total benefit statements for their participants. Classic's report writer can be configured to provide all data required for actuarial valuations, data extracts, and relative value of optional forms reporting. Coupled with our DataViews product, Classic reports can be directly linked with Microsoft Excel and Word to produce clear and attractive mail merge documents.
Get the Facts
Our integrated calculation engine provides a rich interface for estimate, actual, options only and batch calculations. Using this facility, clients can process thousands of calculations through a single command and mass produce benefit statements based off the resulting data. Our calculator is fast, reliable, and flexible enough to handle all of your current and upcoming plan requirements and changes.
Keep it Modern
Profund keeps Classic up to date by annually applying year end updates as a service included in our license contract. At the end of each plan year, our highly qualified support consultants will update your system with current GATT, compensation limits, covered compensation, and social security factors as well as any other agreed upon annual changes.
Be an Expert
Of course, a system is only as accurate as its data, and so Profund provides initial training and step by step instruction on the use of our data load and manipulation facilities. Classic has been designed to hold all of the usual pension and personal related data, but for those companies with less "typical" plans, our data facility can be configured to hold user defined fields of virtually any type.
Questions?
Click here to contact one of our system specialists for more information or visit our
FAQs Page for detailed information on our Legacy Applications
