Death Benefit Consulting
ICTS Death Benefit Services provides a full, outsourced death benefit service to trustees in the provision of death benefit distribution in terms of Section 37c of the Pension Funds Act. Administrators can also purchase the death benefits software program on a licencing basis.
Our independent team of professionals evaluates each case on its own merits and facts.
We have an experienced team of investigators who are able to converse in all 11 official languages as we believe that investigations conducted in the mother-tongue of the individual are most effective.
Custom-built proprietary software program guides the user through the systematic, regulated process required by section 37c.
The program has a built-in actuarial calculator and the capturing of information results in a system generated report and resolution.
The system is an important risk mitigation tool and provides a systematic electronic process culminating in a trustee resolution.
The software also has a well-coordinated document storage system thus providing a full audit trail should this be required at a future date.
Those administrators of Section 37c can contact the company directly for a quotation on purchasing the software on a licencing basis.