Challenging the Way Businesses Handle Severance

TSI has been involved with the design, implementation and management of SUB Plans since 2000. Thousands of program participants across 48 states have received benefits through TSI’s plan, and TSI has provided services to clients representing a variety of industries, including financial services, information technology, retail and manufacturing.

Through its experience with clients across this range of industries, TSI has developed the expertise to design and administer efficient separation benefits in all states. SUB Plan administration requires strict regulatory compliance to ensure the benefit retains its tax-advantaged structure. State Unemployment Compensation laws vary broadly, and TSI’s systems, expertise, and process discipline ensure close monitoring of, and adherence to, all relevant tax and unemployment regulations.

TSI relies on state-of-the-art systems and expert partners to support its programs. High-quality customer service and systems integrity are supported by the services of The Plum Group, PowerServe International, Verizon Business, and Rackspace Hosting, providing TSI with the highest standard in the market for maximum uptime and business continuity. TSI’s systems are currently capable of concurrently processing over 10,000 participants and are designed to be easily scalable.

TSI is a wholly-owned subsidiary of the R.V.I. America Corporation. As the world’s leading provider of residual value insurance, for over 20 years RVI has provided financial, regulatory and accounting benefits to a roster of clients who are active worldwide in leasing, asset-based finance, and asset securitization. In addition, RVI’s products and services includes financial and valuation consulting. RVI’s strong legal, systems and accounting resources support TSI’s program compliance and reporting needs.