Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Retirement Plan Administrator

The Nolan Company
(Remote / Overland Park KS)

The Nolan Company logo

Sr. Benefits Plan Administrator

The Catholic Diocese of Arlington
(Arlington VA)

The Catholic Diocese of Arlington logo

Strategic Relationship Manager

401K Generation, Inc.
(Altamonte Springs FL)

401K Generation, Inc. logo

Director, Business Development

National Benefit Services, LLC
(Remote / West Jordan UT)

National Benefit Services, LLC logo

DC Plan Administrator

Farmer & Betts, Inc.
(Remote / Tacoma WA / CO / OR)

Farmer & Betts, Inc. logo

Pension Plan Administrator

DeMars Pension Consulting Services, Inc.
(Overland Park KS)

DeMars Pension Consulting Services, Inc. logo

Retirement Plan Consultant / Administrator

Carpenter Morse Group
(Remote / Longwood FL)

Carpenter Morse Group logo

Senior Retirement Plan Administrator

TPS Group
(Remote / Buffalo NY)

TPS Group logo

Senior Retirement Account Representative

Ohio Pension Services
(Akron OH)

Ohio Pension Services logo

Retirement Plan Administrator +

Steidle Pension Solutions
(Remote / NJ / PA)

Steidle Pension Solutions logo

401k/DC Plan Administrator

Lebenson Actuarial Services
(Remote / Las Vegas NV)

Lebenson Actuarial Services logo

Retirement Plan Consultant

The MandMarblestone Group, llc
(Remote / Philadelphia PA)

The MandMarblestone Group, llc logo

401(k) Support Staff

Retirement, LLC
(Remote / Oklahoma City OK)

Retirement, LLC logo

Distribution Specialist

Carpenter Morse Group
(Remote / Longwood FL)

Carpenter Morse Group logo

Retirement Plan Consultant

DWC - The 401(k) Experts

DWC - The 401(k) Experts logo

Retirement Plan Administrator

Premier Plan Consultants
(Remote / San Diego CA)

Premier Plan Consultants logo

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

Press Releases by Date   |   Press Releases by Company Name

View More Press Releases by PBI Research Services

Press Release

PBI's CertiDeath® Saves Over $100 Million in Overpayments to Deceased Pension Participants

Issued by PBI Research Services

June 8, 2021

MINNEAPOLIS, June 8, 2021 -- PBI Research Services, the leading death audit provider, announced its flagship product, CertiDeath, has resulted in over $100 million of savings for clients. CertiDeath, the industry's only advanced death audit solution, has experienced 200% year-over-year client growth as it reduces overpayments to deceased pension plan participants.

CertiDeath eliminates the work, complexity, and uncertainty now associated with identifying deaths, saving companies the time spent manually reviewing obituaries and helping avoid overpayments due to missed or misclassified deaths.

As a result of a 2011 change to death data available via the Social Security Administration Death Master File (DMF), on average only 23% of deaths today can be identified via the DMF.  Without a singular comprehensive source of reliable information, companies have been left to aggregate and validate data on their own, using thousands of data sources, such as obituaries, containing inconsistent information. The increase in disparate data sources, coupled with the complexity of those supplementary sources, makes finding and verifying deaths more challenging and burdensome than ever.  The result is missed deaths and associated impacts such as pension overpayments, inaccurate reserving for future debt obligations, fraud, and several other issues.

PBI's CertiDeath delivers a comprehensive death audit solution, identifying 95% of total deaths. Combining artificial intelligence, 26,000 integrated databases, and human expertise, CertiDeath is the only death audit solution in the market that provides a full set of validated results.

"Since 2011, there has been a significant burden placed on pensions to develop their own processes to confirm decedents by validating obituaries," said John Bikus, President of PBI Research Services. "The result is a significant overpayment issue associated with deceased participants.  With CertiDeath, PBI eliminates the overpayment issue."

Launched in early 2019, CertiDeath ended 2020 with several hundred clients, including pensions, third-party administrators, insurance companies, financial institutions, healthcare providers and others.

To learn more about PBI's services and calculate how much CertiDeath could save your organization annually, please visit

About PBI Research Services
PBI Research Services is the leading provider of death audit, locate services, and uncashed check management. With the largest team of experts in the industry, PBI delivers exceptional data accuracy using artificial intelligence, 26,000 integrated databases, proprietary processes, and human expertise. PBI has helped thousands of customers including some of the largest pension plans, insurance companies, third-party administrators, and financial institutions save over $100 million in overpayments, minimize fraud, meet compliance regulations, and locate participants and beneficiaries. Learn more at

View More Press Releases by PBI Research Services

Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2021, Inc.