A complete turn key project, design and implementation of the Pension Information System for Kosova Pension Savings Trust

During August of 2002 Komtel, in cooperation with USA company Carana, has been awarded a contract by Kosovo Pension Savings Trust project on developing of complex software of new pensions savings system; This IT System comprises of WEB Module and VBA Module. WEB Module enables KPST to exchange the data, documents and messages with external entities involved in the process cycle (Tax Administration, Banking and Payment Authorities of Kosovo, Central Processing Centre of UNMIK, and employers). The users can Transfer, Validate, Process the data and receive automatic response (e.g. for the Pension Declarations and Payments) through the internet. They can also do selective data entry and use display utilities. They can also post questions or raise inquiries and receive the answers. Internal users can use the same options through the intranet.

The VBA Module (used by internal users - KPST Staff) enables the further validation and processing of the data, taking evidence of the status of data in KPST process cycle. This module is used especially for the processes that require the full engagement of KPST hardware resources. In this module are performed the processes of reconciliation of the pension declarations and payments and the allocation of the contributions to the individual accounts. The powerful search and sort engine enables the users to display the necessary data about the contributions and payments for employees, employers, financial institutions and banks during the whole KPST process cycle. The Accounting, Investment and Financial parts of the applications has to deal with the Investment Management in KPST, Asset managers, Investment portfolios and member portfolios.  This project includes also delivery of computer equipment including servers, workstations, firewalls, printers, etc; Project is in the final stage testing and training.