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Employer Update: April 2021

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Clean up ERM

You will soon be receiving emails explaining the importance of your assigned staff user security roles and contact types in ERM.

When adding staff users, administrators must assign a security role to each. This security role determines the amount of access a User has in the ERM application, which then dictates the activities a user can complete. Some security roles offer limited access to the application, while others let Users complete nearly every activity available. To review each security role ranked from most access to least access to personal employee information in ERM, click here.

Along with the type of security role, users must also assign a contact type. These contact types show us each employee’s job title at your organization, and the responsibilities followed. It is vital to have the correct contact type listed to know who to reach out to if there is an issue that needs to be resolved within their role. To review the contact types and definitions within ERM, click here.

ERM does not automatically remove past employees from the system. If you do not disable your employee's access within ERM when they leave your workplace, they still have access to your dashboard based on their current administrative role. Previous employees can still log in using their work email address if it is listed in ERM. Allowing your terminated employees access to current employees' information creates multiple risk factors that could result in accessing and possibly changing a current employees' personal information. Although ERM is an INPRS system, your company is responsible for compliance issues that result from outdated access.

We will be providing more details about this process in the coming weeks. If you are receiving this email and no longer active with your workplace, please call us to remove you from the system. If you have questions, please contact our Employer Advocate Team at (888) 876-2707.

Register for our Social Security Retirement Presentation

INPRS is back with one of our most popular presentations! Join Public Affairs Specialist, Charo Boyd for her Social Security Retirement Presentation on May 4 & May 18. Here you will learn about:

  • Social Security retirement
  • Spouse and Survivors benefits
  • Medicare enrollment options

Spots fill up quickly, so be sure to secure your spot here!

What you need to know about INPRS’ Annual and Quarterly Member Statements

INPRS sends an annual member statement (AMS) to PERF and TRF Hybrid members' mailboxes the month after their birth month, featuring everything they need to know about their INPRS benefit. This statement is designed to be a snapshot of their account – helping your employees make informed retirement and investing decisions. If you have questions on how to read the AMS, check out our FAQs at bit.ly/amsFAQS. Members of the small funds receive their statements after the end of the fiscal year, typically receiving them in their mailboxes in the fall.

INPRS also provides your employees who have defined contribution (DC) accounts with a quarterly member statement (QMS). This statement provides details about the quarterly activity of your employees’ DC funds including their total account value, account balance history, beneficiary information, and more! To view their QMS, members can log on to their accounts at myinprsretirement.org. For more information on how to read your QMS, click here.

INPRS Lobby Reopens to Limited Services

We have great news! The INPRS lobby will reopen to limited services on May 3 and will remain open daily from 9 a.m. to 3 p.m.

Members will be able to connect with the INPRS Retirement and Financial Education team in person for the following services:

  • Verification of benefits
  • PIN requests/account login assistance
  • Scheduling for counseling/webinars/events
  • General plan questions and account information – years of service, DC balances, retirement eligibility
  • Benefit estimates
  • Quarterly/Annual Statement questions
  • Duplicate 1099s

The INPRS lobby cannot offer or assist members with:

  • Walk-in appointments
  • Account updates – banking/address/tax withholding/beneficiary/investment allocation changes – unless the member has already registered their secure online account access.
  • Distribution requests

We look forward to seeing members in person, should that be your preference. As always, our team is available for virtual appointments. You can register for a one-on-one appointment or webinar here.

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