Third Party Administration of Income Continuation Insurance

The Wisconsin Third Party Administration of Income Continuation Insurance state-wide contract provides comprehensive administrative services for income continuation and retirement benefits. Specifically designed for state employee benefit management, this vehicle enables procurement of third-party administration services related to pension and retirement fund management. The contract covers critical functions including claims processing, benefit calculation, participant communication, and administrative support for income continuation insurance programs within Wisconsin's state government ecosystem.

The contract is administered by the Wisconsin Employee Trust Funds and was initially awarded on January 1, 2009. While specific prime contractors are not detailed in the provided information, the vehicle covers the entire state of Wisconsin and is classified under UNSPSC codes 84131700 (Pension Funds) and 84131800 (Retirement Funds), with an associated NIGP code 95380 for Retirement Benefit Plan Insurance. The contract type appears to be a multi-award vehicle focused on specialized third-party administrative services for state employee benefit programs, supporting efficient and standardized management of income continuation insurance resources.