Specialist procedure
Chamber reconciliation
A pension institution is only as up to date as the chamber that supports it. Regular reconciliation keeps chamber status and membership records in line – with matches, changes and cases to be clarified instead of one collective list.
Who does what
Three stages.
01
Chamber
Supplies membership, status and identification data.
02
Reconciliation
Comparison of the chamber data with the records at the pension institution.
03
Pension institution
Accepts matches, manages cases to be clarified and updates the data.
Process in netPension®
Four steps.
01
Import
Take over the chamber file or interface data.
02
Validation
Check mandatory fields, duplicates and plausibility.
03
Matching
Assignment to member, employer and period.
04
Updating
Update the status or create a case to be clarified.
Three results
What a reconciliation returns.
- Match
- Membership confirmed – the records match the chamber data.
- Change
- New chamber or status data that is carried forward into the records.
- Case to be clarified
- A discrepancy that is checked manually. Nothing is overwritten silently.
Fewer queries, better data quality.
An up-to-date, unambiguous and verifiable chamber status is the basis for contribution liability, exemptions and reports. Where it is correct, queries do not arise in the first place.
Would you like to see how this would look for you?
We show you netPension® along the lines of your questions – no slides, but the running software. Give us a call or request a demo.