Presentation is loading. Please wait.

Presentation is loading. Please wait.

Employer Reporting Working Group

Similar presentations


Presentation on theme: "Employer Reporting Working Group"— Presentation transcript:

1 Employer Reporting Working Group
July 28, 2011

2 Welcome Today’s Agenda Legislative Update
News from Retirement Services ESS – Show ‘N Tell Go-Live Dates to Remember

3 Legislative Update

4 What Changes? Public Law Key Items Effective 380: Budget Bill
Normal Retirement Age COLA Proposal for New Plan Retiree Health & NRA Restoration to Service 449: MainePERS Optional membership Application required for GLI LOA premiums required Resolve Ch. 56 Limit Use of SSN Adjusted Restoration to Service Date

5 From Retirement Services
State Teacher PLD July 2011 72 735 52 August 2011 83 29 18 September 2011 78 36 10 Putting This in Perspective Finalizing the Benefit Payment I

6 From Retirement Services
Online resources available to our members: New video Forms and Publications Group Retirement Sessions I

7 This Should Be You

8 Let’s Take A Break

9 ESS Show ‘N Tell

10 New MainePERS Employer Web Page
ESS Show ‘N Tell New MainePERS Employer Web Page

11 Payroll Dates to Remember
By Sept. 1st – Security Administrators named Sept. 15th – August payroll due date Oct. 3rd – Security Administrator logins & passwords Beginning of October – Go-Live October 17th – September payroll due date communicated Can you integrate ErS and GLI dates to remember using same flow as Employer Update?

12 Group Life Invoice

13 GLI Invoice Adjustments

14 GLI Invoice Detail

15 Group Life Insurance First V3 Invoice
First Invoice = September Premiums Due Premiums due October 17 Monthly invoice reflects 1/12 of annual premium Make corrections on invoice adjustment sheet and mail with payment. Invoice # needed on payment for proper crediting Payment = Total Amount Due +/-Adjustment

16 Thursday, November 17th 1:30pm – 4:00pm
Next Meeting Thursday, November 17th 1:30pm – 4:00pm

17 Employer Reporting Working Group
Thank you Employer Reporting Working Group


Download ppt "Employer Reporting Working Group"

Similar presentations


Ads by Google