Administrative, management and control activities

Administration can sometimes be time-consuming or pose risks for employers, especially when there is a high chance of errors. KWPS can take over such tasks from employers and develop methods that minimize risks and reduce the time required. Examples include administering special employment conditions such as early retirement schemes or the management tasks mentioned below for pension and other insurances.

Management tasks related to (pension) insurances are often outsourced to KWPS by employers. Once the insurances are implemented, there may be a desire for KWPS to play a role due to time constraints, unfamiliarity with the subject, or risk management. This can include enrolling new participants, updating and administering new salaries, and handling annual standard employee communications.

Control activities are necessary to verify whether premium deductions from wages correspond with remittances to the insurer and whether employees who have opted for voluntary modules are adequately covered. Control activities often reveal that incorrect deductions have been made and that no or insufficient coverage has been established. In consultation with KWPS, you can define how often and which control activities are appropriate.

Contacts:

Dirk de Wit and Jan-Olivier Kuijkhoven

Whitepaper:

Pension and insurable benefits in the Netherlands