The perception that younger workers “job hop” more than past generations is often exaggerated. Research from the National Institute on Retirement Security, in its report Debunking the Job-Hopping Myth about Millennials and Gen Z, shows that millennials and Gen Z have similar tenure patterns to Gen X and baby boomers early in their careers. (*)
Still, one fact remains: people move, change jobs, and switch employers. Every time that happens, pension administrators face the same challenge: keeping participant data accurate.
Why Job Hopping Creates Risk
When records don’t keep up with frequent job changes, pension plans face real operational and compliance challenges. Each time a participant moves to a new employer, changes their name, updates their address, or shifts between covered and non-covered roles, the plan’s records risk falling out of sync.
One of the most significant impacts is the rise in missing participants, which creates serious compliance exposure. When plans cannot maintain accurate, up-to-date contact information, they risk:
- – Gaps in participant counts during audits and actuarial reviews
- – Higher operational costs tied to manual outreach and repeated mailings
Even small gaps in mortality reporting or outdated addresses can have a ripple effect throughout the entire system.
How ABL Tech Helps Pension Plans Keep Up
At ABL Tech, we deliver the tools administrators need to stay ahead of job mobility:
- – MVerify® identifies mortality events across the U.S. with 99% accuracy every day, preventing overpayments.
- – LifeVerify locates participants who move, change employers, or lose contact, keeping your records current and audit-ready.
- – BeneVerify connects beneficiaries with the benefits they’re owed.
As a leading provider of innovative pension risk-management solutions, ABL Tech is trusted by state, county, municipal, and multi-employer Taft-Hartley plans across the United States. Our experts identify mortality events across the U.S. with 99% verified accuracy, delivering timely, audit-ready data every day. In addition to mortality verification, we provide comprehensive location and beneficiary research; all at an average cost 25% lower than other providers.
Protecting Plans and Participants
In today’s mobile workforce, data integrity can’t be left to chance. Pension plans need continuous monitoring, proactive outreach, and transparent reporting to fulfill fiduciary obligations and protect participant trust (National Institute on Retirement Security, 2025).
With ABL Tech, you gain an end-to-end partner to track mortality, locate participants, and connect beneficiaries, ensuring your plan remains strong regardless of how the workforce evolves.
Request a demo today or call us at (321) 475-8251 to see how ABL Tech can help your fund keep pace with workforce mobility while protecting every pension plan and participant.
*National Institute on Retirement Security. (2025, September 2). New research debunks “job-hopping” myth about Millennials and Gen Z. https://www.nirsonline.org/articles/new-research-debunks-job-hopping-myth-about-millennials-and-gen-z/
