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For the second year in a row, Mercer’s Outsourcing business has been named the World’s Best Provider of Pension Plan Administration Services by Global Finance magazine. The award will be presented during a special ceremony in October in Osaka, Japan.
Providers considered for the Pension Plan Administration Services award include those involved in the day-to-day administration of defined benefit and defined contribution plans, such as reporting, payments, the provision of technology solutions and information to help with the administering of the plans.
“We are once again very pleased and proud that Mercer’s pension outsourcing solution has been named the world’s best,” said Jeff Miller, President and Group Executive for Mercer’s Outsourcing business. “Our value proposition resonates with our clients and their employees as well as with the broader marketplace.”
Mercer’s Outsourcing business provides a flexible and comprehensive benefits administration platform across the retirement, health care and voluntary benefits spectrum. It administers benefits for approximately 7.5 million participants on behalf of more than 3,100 clients worldwide with the support of 6,300 employees.
Mercer is a global leader in human resource consulting and related services. The firm works with clients to solve their most complex human capital issues by designing and helping manage health, retirement and other benefits. Mercer’s 20,000 employees are based in more than 40 countries. Mercer is a wholly owned subsidiary of Marsh & McLennan Companies (NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital. With 52,000 employees worldwide and annual revenue exceeding $10 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global leader in insurance broking and risk management; Guy Carpenter, a global leader in providing risk and