1. April 15, 2015

2. Agenda Group Life Insurance Employer Trainings – available now
Levels
GLI Estimate Project
Leaves of Absence
Employer Trainings – available now
Regional Trainings
V3 version 10 – MainePERS
GASB
IUUAL Surplus
ESS
Other

3. GLI – Levels

4. GLI – Estimate Project

5. GLI – Leaves of Absence

6. Employer Trainings

7. Regional Trainings

8. Regional Trainings MainePERS In Brief
Employers: MainePERS Membership Life Span
Retirement Services
Employer Services
Disability
Social Security
Employers: Survivor Services and Group Life Insurance
V3/ V10 Update
GASB
Legislation
PLD Specifics

9. Break Time

10. V3 version 10 - MainePERS

11. V3 version 10 - MainePERS Why Now? Improved Functionality
Enhanced Security
Support for:
Newer Browser Versions
Other 3rd Party Software

12. V3 version 10 - MainePERS Current Timeline Kick-off October 2014
First Look December 2014
First Round of Testing March 2015
In-house Instance Expected May 2015
First ESS Work Scheduled to Begin November 2015
Anticipated Go-Live December 2016

13. GASB

14. GASB Schedules of ER Allocations as of June 30, 2014
Special Considerations - PLD Consolidated Plan
Use of Payroll Credits – IUUAL Surplus Funds
Employer Specific Liabilities
IUUAL / Payroll Debits
Mandatory Costs
Plan Changes

15. GASB Special Considerations – State Employee and Teacher Plan
Special Funding Situation
State Paid UAL
One-time COLA Impact
Grant Funded Contributions

16. GASB Next Steps Draft Schedules to External Auditor Week of April 13th
Finalize Schedules and Issue Report
Prior to June 30th
Distribute Reports

17. IUUAL Surplus Balances

18. IUUAL Surplus Balances
Historically Individual Single Employer Plans
Employers Entered Consolidated Plan:
Overfunded = Surplus / Payroll Credits
Underfunded = Deficit / Payroll Debits
No IRS Determination Regarding Treatment

19. IUUAL Surplus Balances
Why Refund Now?
Decreasing Number of Accounts
99 Accounts as of February, 2015
IRS Determination
No Co-mingling with Qualified Assets
GASB Impact
ER Specific Liabilities
Schedules of ER Allocations

20. IUUAL Surplus Balances
Next Steps
Early Distributions through June Continues
Additional Communication
Final Payroll Credits for June 2015 Payroll Report
Posting of all Accounting Transactions for June
Refund all Remaining Funds in July 2015

21. Employer Self Service

22. Employer Self Service ESS Desktop Specifications are changing
Windows XP – no longer supported
IE versions prior to version 9.0 – no longer supported
Firefox – at least v. 35 is allowed
Adobe Reader X and higher – change from Adobe Reader XI and higher
Rates Changing – effective 7/1/2015
PLD – Employee and Employer
Teacher – Employer “Normal Cost” & Grant Funded Rate

23. Employer Reporting Working Group
Thank you
Employer Reporting Working Group