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Employer Update: February 2023

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Start your spring cleaning early by tidying up your contacts in ERM. Need a refresher? We got you covered.

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Two of your most important reports the Wage and Contribution Exception report, and the Missing Member report, are shown on the dashboard to the left.

Wage and Contribution or Adjustment:

The wage and contribution report shows which reports are in a “validated” status. You can resolve these reports by fixing the presented errors or submitting them for payment. If the report is no longer needed, you may delete it from your dashboard.

Missing Member Report (Missing Member Greater than 60 days):

The Missing Member Report helps identify which member accounts have missing wages and contributions and the last reported date. To remove a member from the report, resolve any applicable life event and/or the missing wages and contribution.

Why is it so important to keep my dashboard up to date?  

Disregarding member accounts can potentially cause a miscalculation of their retirement benefits. When creditable service isn't updating in the system, members can miss out on potential gains to their accounts.
Not keeping your dashboard up to date not only affects your members but you as an employer. If you are not periodically reviewing your dashboard, you may be prohibited from reporting until all needed information is updated. If you have any questions on how to make reports or adjustments, please get in touch with the Employer Advocate Team at (888) 876-2707.

INPRS is here for you and your employees

Our Retirement and Financial Education Consultants are ready to assist you and your employees with any of your retirement needs. From webinars to one-on-one appointments, to educational materials, our team has it all.

To schedule a counseling appointment or register for a free webinar, click here.

We have additional educational materials covering retirement plan information, investing, and more for you to explore on this site.

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