Attachment_9_-_BCV_Business_Process_Diagram.pdf
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- Attached to
- Benefit Calculation Valuation
- Solicitation number
- PBGC01-RP-16-0011
- Issued by
-
Pension Benefit Guaranty Corporation
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Attachment 9 - BCV Business Process Diagram
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Text version
BCV Process Flow Ap pe al s R
SD
A
SD
O
AS
D
EB
LS
/F
BA
/P
VA
Ac tu ar ie s Au di to rs Sy st em
M ile st on es
PreTrusteeship
DOTR
(Date of Trusteeship)
Plan Site Visit
Begin Plan Summary & Data Element List
Complete BET
Complete Estimated Cutbacks
Send Cutback Notification to PP
Analyze Data and Estimate PC3 funding level
Place deferred vested PP into est. pay status
Participant Database
Complete Source Document Audit Audit early
BD Population
Construct & Audit PP DB
PDA
Report
Assist Auditors w/ DB construction
Identify early BD
Population
Scan PP files to Image Viewer Issue early BDs
Place PP into estimated Pay Status
Assist team as necessary Assist auditors with electronic data and Leo setup
MSWord
Source files (Excel, CSV etc)
ACT
Spectrum / Genesis; PACS/Image Viewer/PDV
Leo eALG
Obtain and review payment data from paying agent
Initiate First Pay & Cust Data loads
Send Trusteeship Letters
Review Payee Data, PIF & GIF info
Valuation
Assist actuaries as necessary
Program BSRS
Program Valuation Calculation in Val Tool
Produce listings in DRS
Complete Val Report
Review actuarial Valuation Report
Review and update PP DB in Leo
Place PP into estimated Pay Status
Begin Plan Document List
Collect Plan Document & PP Data from Plan Administrator
Finalize Plan document list & PP Data sources
Continue Plan summary & Data element list
Finalize Plan Summary & Data element List
Assist actuary w/ DB modification & verification
ADT
Run ADT
Review ADT & Software review checklist
Archive case files
Complete software closeout and Spectrum & Genesis Load
Complete Software review checklist
Send fi les to OASD
Notification Of
Benefit
Issue Final BDs
Benefit Adjustments;
Recoupment/
Recovery/ Back Payment
Calculation
Assist FBA / PVA as necessary
Assist FBA / PVA as necessary
Rerun BD Statements for Data changes
Begin Addressing PP appeals to final BDs
Archive eALG
ADT
EPAM (Early Plan Analysis memo)
Review PA Calculations; Determine Plan Practice
Continue
Scan PP files to Image ViewerScan PP files to Image Viewer Continue Continue
Continue
Ongoing Admin
Process ASR;
Perform Cash
Balance Updates
IPVFB
Assist FBA/ PVA as necessary
Place PP into pay status
Assist Auditors w/ DB construction
Provide Technical Support to Case processing actuaries
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