Hewitt's benefits consulting services help ensure that your health, welfare and retirement plans are designed and managed in the most effective way.

Hewitt's extensive in-country presence in Latin America allows us to address retirement needs at a regional, national, or international level. We understand how different cultures, changing economic environments, and laws affect your total benefits programs, and we will help you effectively integrate these factors into a coherent strategy, as well as assist you in communicating your programs to your employees.

• Our offices are electronically interconnected, and using the most advanced technology in our business, we are well positioned to serve our clients
• We provide strategic design and financing consulting for health, welfare, defined benefit plans, defined contribution plans, retirement-related aspects of broad-based stock ownership programs, and retiree welfare programs

Our fully qualified benefits consultants—including actuaries in each of our offices—provide expertise in the design, financing, communication, and administration of your retirement and other benefits plans. Our strengths in this area are outlined below:

• Design programs that maximize workforce management and employee appreciation
• Evaluate the financial and benefit ramifications of alternative designs
• Assess funding and accounting strategies for the current and future years
• Interpret and apply government requirements that affect your plans
• Conduct valuations using local, U.S., and international accounting standards (Benefit Index®)
• Provide creative solutions for the effective communication of a new benefit program to employees
• Provide strategy, support, and analysis for mergers and acquisitions
• Provide defined benefit and defined contribution plan administration

A Unique Specialization in Social Security and Government Programs

Hewitt has developed a unique specialty in providing actuarial expertise for government retirement programs. We have designed and redesigned national social security plans, as well as plans sponsored by specific government agencies. We also provide actuarial services to provinces or states, municipalities, and other intra-country public agencies that grant pensions to their employees.

Working to Ensure Your Retirement Budget is Well Spent

Employers make substantial investments in the retirement benefits provided to their employees. Hewitt's retirement consultants ensure that your plans are designed and managed in the most effective way.

Ensuring Employees Have Tools To Make Good Decisions

More and more often, even in Latin America, the change to defined contribution-type plans requires that employees take more ownership over their future investment decisions. Often, they simply don't have the experience or the tools to make these decisions, and this simple fact causes employers to think deeply about making changes which could—in effect—save them millions of dollars. The answer is appropriate education of the work force, and Hewitt has developed tools to assist with economic modeling based on an employee's own information and the criteria of the specific plan.

Administration is a Key

Throughout the region, Hewitt can provide the latest tools for administration of all benefit programs—including participant services through strategically located Contact Centers.