SAM #DOC-PS-26-0001

Web-Based Retirement Benefits Calculator Platform for Federal Employees

The Department of Commerce is seeking a web-based retirement benefits calculator platform to support up to 45,000 federal employees. - Government Buyer: - United States Department of Commerce - Office of the Secretary - Shared Services Procurement Office (SSPO) - Products/Services Requested: - Web-based commercial retirement benefits calculator platform - Must handle up to 45,000 unique employee profiles - Integration with National Finance Center (NFC) and third-party data sources - Calculates retirement estimates for CSRS, CSRS-Offset, FERS/RAE/FRAE, TSP, and SSA - Includes case management, pre-populated forms, financial and retirement planning tools, and educational resources - Internal tools for TSP and SSA calculations - HR specialist support for retirement coverage determinations - Compliance with OPM, Department of Labor, FEGLI, TSP, NFC, and IRS standards - Data security, help desk support, and migration from incumbent systems required - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Unique/Notable Requirements: - Vendor experience with federal systems - Data security and privacy compliance - Migration from incumbent systems - Help desk and user support - Must generate approved forms and support HR case management - Estimated Contract Value: - Approximately $3 million over five years

Description

The United States Department of Commerce - has the need of a comprehensive commercial retirement benefits calculator platform for up to 45,000 unique employee profiles that is web-based with capabilities to obtain data from the National Finance Center or any third party to accurately compute various complex estimates needed in assisting employees with their retirement decisions. The purpose of the calculator is to electronically calculate various types of employee retirement benefits, retirement case management, and provide metrics/reports on benefits under the Civil Service Retirement System (CSRS), Civil Service Retirement System Offset (CSRS-Offset), Federal Employees Retirement System (FERS/FERS-RAE/FERS-FRAE), the Federal Thrift Savings Plan (TSP) and the Social Security Administration (SSA) program. The software must provide pre-populated forms, provide financial/retirement planning, provide retirement and benefits educational tools via videos, downloadable documents or other media. The software will include internal tools for TSP calculations, SSA calculations and for HR Specialist to make retirement coverage determinations and Federal Erroneous Retirement Coverage Corrections Act (FERCCA) determinations. HR Specialists must be able to view a Federal employee’s record to assist employees inquiring about their Federal retirement and benefits. The calculator must be customizable to direct employees to a third party contactor. Additionally, the application generates approved versions of forms required for processing retirements and benefits that meet standards and guidance set forth by the Office of Personnel Management (OPM), Department of Labor - Office of Workers’ Compensation Program, Federal Employee Group Life Insurance (FEGLI), Thrift Savings Plan, National Finance Center (NFC) and Internal Revenue Service (IRS).

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