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Employer Update: July 2020


Register for our Webinar Presentations

Do you want to learn more about your retirement benefits, plan, or ways to budget? We’ve got you taken care of. INPRS offers online webinars, including Understanding Your PERF/TRF Plan, Positive Money Habits, PERF/TRF Retirement Benefits, and the 1977 Police and Fire Fund webinar.
Click here to register for a webinar that may be just what you need to get back up to speed on our retirement plans.

Update Your Contacts in ERM

It is crucial for you to update your contacts in ERM as often as possible. By doing so, you will allow our Employer Advocate Team the best contact list for them contact for requests from INPRS regarding your submission unit or members' accounts. This will also ensure appropriate information is delivered to the various contact types. Please remember you cannot delete a previous contact with your unit, but you can make a previous employer contact inactive and disabled in ERM.

As always, you can always contact the Employer Advocate Team at (888) 876-2707 for assistance.

Introducing INPRS Advocate Teams

We are pleased to re-welcome our EPPA team, now known as the Employer Advocate Team, to INPRS. Why the change of name? Here at INPRS, our teams do more than answer your phone calls. Our advocates take pride in educating you on your pension benefits as well as holding the knowledge of the systems’ operations. We ensure that our Advocate Teams possess a natural ability to coordinate with others within the organization so we can provide you with clear and effective communication. Our advocates work hard to ensure the consistency of your plan and protect our funds while keeping your best interest in mind.

Have questions about your retirement plan? Call our advocates today at (888) 876-2707.

PERF My Choice Reminder

On June 1, an ERM enhancement was put into effect that prevents all PRF and TRF retirees from being enrolled in PERF My Choice unless the employer elects participation by INPRS resolution. IC 5-10.3-12-32 states that SOI and all political subdivisions participating in PERF My Choice may choose to allow an individual retired from PERF or TRF Hybrid to participate in PERF My Choice. This election is only effective after the INPRS Board approves the resolution. If you wish to remain in the default status of ‘not allow’ retirees to be enrolled in PERF My Choice, no additional action is required.

If you have any questions about this enhancement, please contact our Employer Advocate Team at 888-876-2707. Our office hours are Monday through Friday from 8 AM to 5 PM, Est.

It's Time to Verify Your Substitute Teachers and Intermittent Employees

The TRF annual verification of substitute teachers and Non –TRF fund intermittent process has begun. For TRF, this is a process requiring the employers to review their list of active substitute teachers in ERM annually. This process includes indicating whether that status will continue for the upcoming school year, the member has been hired into a full-time position, or will no longer be working for that school corporation. For all other Non- TRF fund employers, employers must verify the status of their intermittent employees. 

This process is explained in the Member Management User Manual on pages 54-58. These transactions will be placed in the Member Maintenance Exception Queue and will remain there until resolved. Please remember that any records that are more than 30 days old will prohibit you from submitting further wage & contribution reports.

How to Report Severance

Remember to submit severance pay in the appropriate fields on your wage and contribution file uploads. If this does not happen, a member’s annual salary is affected, resulting in a miscalculation of the member’s benefit. For a quick review of this step, refer to the ERM Wage and Contribution Manual along with our Employer Reporting and Maintenance (ERM) Wage and Contribution (W&C) File Layout Specification.

View Our Latest Pension Relief Fund Actuarial Valuation Report

This year’s Pension Relief Fund actuarial valuation report is on our website. Click here to view the latest reports covering the local public safety pension relief fund!

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