Tier Technologies wins California county pension system deal

A new Web-based, open-architecture pension administration system from Tier Technologies Inc. is designed to provide a California county with lower pension administrative costs and better program effectiveness.

Under a contract valued at $2.6 million over 26 months, Tier Technologies of Reston, Va., will install the new pension administration system for the Contra Costa County Employees Retirement Association.

Tier Technologies will replace the association's legacy pension systems with TierPAS, a proprietary pension administration solution. Once implemented, the new system will provide a full range of services from membership enrollment and benefits transfer to retirement processing and payroll functions.

The Contra Costa County Employees Retirement Association is a public employee defined benefits retirement system that provides service retirement, disability and death and survivor benefits for the county's employees and 16 other participating agencies. It manages about $4 billion worth of assets for 9,500 active members, 6,000 retirees and 1,300 inactive members.

Tier Technologies, a provider of transaction processing and packaged software and systems integration for the public sector, has about 860 employees and annual sales of $127.9 million, according to Hoover's Online of Austin, Texas.

About the Author

William Welsh is a freelance writer covering IT and defense technology.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

I agree to this site's Privacy Policy.