March 15, 2017
The PSPRS webinar to discuss necessary employer payroll changes will be held on Wednesday, March 22, at 1 pm at our Phoenix office.
There are a handful of technical changes* that employers must make by the July 1, 2017, effective date of pension reforms passed in 2016. These include additional payroll file data sets for:
• Noting whether employers withhold Social Security contributions
• Members' pensionable salaries
• Non-payment reason codes for the variety of different leave-without-pay designations
PSPRS will also implement a web-based ACH electronic payment option to give employers the capability to login to a secure website and pay via ACH, electronic check or credit card. This feature will be made available on July 1, 2017, at no cost to employers.
PSPRS will also implement a web-based ACH electronic payment option to give employers the capability to login to a secure website and pay via ACH, electronic check or credit card. This feature will be made available on July 1, 2017, at no cost to employers.
All PSPRS employer payroll personnel and technical staff responsible for entering and producing system files that support the payroll/contribution submission process are strongly encouraged to attend the March 22 presentation in person or participate via PSPRS web services.
To register to attend the event in person, please contact PSPRS Enterprise Systems Architect John Briney at [email protected] or 602-296-3738.
To register to watch this event via interactive PSPRS webinar, please click here.
*The technical requirements were updated March 9. Two news contribution codes were added for voluntary post-tax defined benefit contributions and employer PSPRS legacy contributions. Please be advised of the potential for additional updates.
