{"id":18662,"date":"2020-06-12T10:00:54","date_gmt":"2020-06-12T14:00:54","guid":{"rendered":"https:\/\/www.benefitscanada.com\/news\/how-ontario-teachers-is-harnessing-insights-around-pension-member-pain-points-146992"},"modified":"2020-06-12T10:00:54","modified_gmt":"2020-06-12T14:00:54","slug":"how-ontario-teachers-is-harnessing-insights-around-pension-member-pain-points","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2020\/06\/12\/how-ontario-teachers-is-harnessing-insights-around-pension-member-pain-points\/","title":{"rendered":"How Ontario Teachers\u2019 is harnessing insights around pension member pain points"},"content":{"rendered":"<div class=\"alignleft clearfix\">\n<div class=\"wp-caption feature-image alignleft\"> <img decoding=\"async\" loading=\"lazy\" width=\"350\" height=\"263\" src=\"https:\/\/www.benefitscanada.com\/wp-content\/uploads\/2019\/08\/91389237_l-350x263.jpg\" class=\"attachment-feature size-feature wp-post-image\" alt=\"Copyright: 123rf_Andor Bujdoso\" title=\"How Ontario Teachers\u2019 is harnessing insights around pension member pain points\"> <\/div>\n<\/p><\/div>\n<p class=\"byline\"> <span>Martha Porado<\/span>&nbsp;|&nbsp;June 12, 2020 <\/p>\n<p>In seeking to better serve its plan members, the Ontario Teachers\u2019 Pension Plan has been on a journey to change its strategic thinking to access a more meaningful picture of who its members are and what challenges they have in using the plan as it stands.<\/p>\n<p>That journey starts by asking what a member is trying to achieve at a certain point in their life cycle and career, said&nbsp;Charley Butler, senior managing director of member services at the Ontario Teachers\u2019, during a webinar hosted by Common Wealth on Thursday. The plan has implemented its so-called voice of the member approach to shake up its perspective&nbsp;and gain new and valuable insights.&nbsp;One key&nbsp;tenet of the approach is curiosity, she said. \u201c[It\u2019s]&nbsp;asking more, what the problems are, not worrying about how we\u2019ve always done things.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/using-creativity-to-engage-employees-with-pensions-144714\">Using creativity to engage employees with pensions<\/a><\/strong><\/p>\n<p>The approach also&nbsp;involves bringing together different areas of expertise, with frontline services, the data and insight team, the technology team and senior leadership all collaborating. \u201cIt\u2019s a small cross-sectional group of people who get together and look at insights from the frontline, data from our membership and we have a huge amount of analysis on what our members are doing at any given time,\u201d she said. \u201cAnd it\u2019s really challenged some of&nbsp;those long-held beliefs that you\u2019ll find staff in service operations have.\u201d<\/p>\n<p>The Ontario Teachers\u2019 has&nbsp;so much data on plan members at&nbsp;its fingertips, but it\u2019s&nbsp;hoping to harness more of it in the future, added Butler. \u201cTo really modernize data, you have to modernize your technology, so we\u2019re challenged in that space but we\u2019re working hard on that also.\u201d<\/p>\n<p>Through the processes of gaining deeper plan member insights, it\u2019s also important to work iteratively, she said. \u201cThat seems like a very obvious thing . . . but in fact when you work in a big service operation, it\u2019s a challenge to get people to experiment. So we\u2019ve had to do a lot of deep culture work to help people understand how it\u2019s OK to experiment and maybe nine out of 10 experiments are going to fail and that\u2019s OK.\u201d<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/exploring-the-use-of-social-media-in-communicating-pension-benefits-plans-140116\">Should employers use social media to communicate pension, benefits?<\/a><\/strong><\/p>\n<p>Butler noted that all&nbsp;of this strategic thinking has led the&nbsp;Ontario Teachers\u2019 to concrete actionable insights that improve the experience for plan members and make&nbsp;its administration more efficient. One of the biggest&nbsp;realizations was that&nbsp;the plan gives members a lot of homework, she added, which has been a significant pain point.<\/p>\n<p>\u201cWe call it homework, because we have teachers as our membership. . . . We send them away to collect documents, some documents they might not have found in many years. We ask them to fill forms, find somewhere to print forms, scan it back. And that\u2019s a lot of work for a member to do to get some relatively basic services.\u201d<\/p>\n<p>The plan is experimenting with DocuSign to address how irritating that paperwork can be. \u201cBasically now, if you\u2019re a member, you can apply for certain benefits directly through a fully digital experience.&nbsp;. . . In the COVID-19 times, it\u2019s been really interesting \u2014 we\u2019ve been able to facilitate some almost real-time life expectancy benefits, for example, for members who may really need that, in a way that previously we would have been severely limited by physical mail.\u201d<\/p>\n<p>The&nbsp;Ontario Teachers\u2019 also updated its document uploader, expanding the types of files it can receive and even allowing members to take and upload pictures of documents. As a result, the plan is receiving more documents through the digital process rather than the mail, which speeds up processes overall.<\/p>\n<p><strong>Read:&nbsp;<a href=\"https:\/\/www.benefitscanada.com\/news\/financial-wellness-programs-should-stress-capability-not-just-literacy-webinar-146678\">Financial wellness programs should stress capability, not just literacy: webinar<\/a><\/strong><\/p>\n<p> <a href=\"https:\/\/www.benefitscanada.com\/news\/how-ontario-teachers-is-harnessing-insights-around-pension-member-pain-points-146992\">Read the full article at BenefitsCanada.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Martha Porado&nbsp;|&nbsp;June 12, 2020 In seeking to better serve its plan members, the Ontario Teachers\u2019 Pension Plan has been on a journey to change its strategic thinking to access a more meaningful picture of&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18662"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=18662"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/18662\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=18662"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=18662"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=18662"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}