32BJ Benefit Funds Goes Live with V3 System™
NEW YORK, March 9, 2015 /PRNewswire/ -- Vitech® Systems Group, a leading provider of administration software to the insurance, retirement, and investment industries, announced today that 32BJ Benefit Funds, which provides benefits to the largest union of property service workers in the United States, has gone live with Vitech's V3 System for Pension and Disbursements. This go-live is the third and final rollout for 32BJ Benefit Funds in a multi-phased implementation that is already live with V3 System Imaging, Workflow, Contribution Reporting, Employer Self-Service and Eligibility. The V3 System provides functionality to serve 32BJ Benefit Funds' 5,500 employers, 145,000 active members and 40,000 retirees.
"We are thrilled with the continued expansion of services that 32BJ has been able to bring their members utilizing the V3 System," said Jamie Vitiello, Executive Vice President at Vitech.
"The V3 System supports the Benefit Fund's goal to continually improve the services we provide to our members and employers. For instance, our implementation of V3 Employer Self-Service has supported streamlined electronic employer reporting and contribution processing," said Peter Goldberger, Deputy Executive Director of 32BJ Benefit Funds.
The V3 System is a highly scalable and configurable administration solution designed to meet the unique needs of insurance, retirement and investment organizations. Built on contemporary technology, the V3 System is a browser-based system that includes native functionality for business functions including billing, enrollment, benefit calculations and self-service as well as enterprise functions including workflow, CRM and imaging capabilities.
About 32BJ Benefit Funds
32BJ Benefit Funds administers five Taft-Hartley funds jointly trusteed by the Realty Advisory Board on Labor Relations – a multi-employer association representing the real estate industry in the greater New York Area – and Local 32BJ SEIU – the largest union of property service workers in the United States. Local 32BJ SEIU is an affiliate of SEIU, the Service Employees International Union, which has 2.1 million members dedicated to raising industry standards, making life better for working families and its communities, and building a fair economy.
About Vitech Systems Group, Inc.
Vitech Systems Group, Inc. is a leading provider of administration software to insurance, retirement and investment organizations. Vitech provides its clients with proprietary enterprise software, related implementation services and ongoing support. For more information, please visit www.vitechinc.com.
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SOURCE Vitech Systems Group, Inc.
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