Defining Group Pension Products

Before end users create an actual group pension plan, the product administrator must first define a group pension product and specify investment options for plan participants.

To define a group pension product

1. Navigate to the Administration - Product screen, then the Products view.

2. Click the New and Release button and do the following:

   • In the Name field, enter a name for this group pension product.

   • In the Finance Product Type field, select Retirement from the drop down list.

   • In Products form, select Pension from the Sub Type drop down list.

3. Drill down on the name, and on the link bar, click the Group Pensions Product Administration.

4. In the Funding Vehicles list, create a new record and complete the fields.