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Access the
Powerpoint Employer Training presentation, which provides an
overview of GSEPS, a comparison of the ERS "New" retirement plan
to GSEPS, instructions on handling new employees, and
instruction on payroll reporting to both ERS and ING:
Right click on
links below and choose "save target as..." to save the files
locally.
See Notes at the bottom of this page regarding PeopleSoft HCM
usage
Access GSEPS Forms and Brochure below:
Right click on
links below and choose "save target as..." to save the files
locally.
The forms below
are ONLY for County Tax Offices and select locations not
on PeopleSoft for HR purposes (as indicated).
Please note that
the Membership Application/GSEPS Defined Benefit Beneficiary
Election form will NOT be used for new hires. This is
a change from what was originally communicated in the GSEPS
training sessions.
Within
approximately 45 days of hire, new GSEPS members will be
notified by ERS of access to the ERS Member Self Service Web
Site at www.ersga.org to designate their beneficiary
on-line. This change creates a more efficient process for
both the agency and ERS, and provides an accessible record
for employees to view and update their pension plan
beneficiary designation at any time. In the near future,
ERS plans to offer this on-line beneficiary election/change
feature to existing ERS New and Old Plan members as well.
More information will be coming from ERS.
The beneficiary designation for the
401(k) plan is also an online process, through the Peach
State Reserves website at: http://myGApsr.ingplans.com. The
401(k) beneficiary designation can be made within a few days
of hire, after the hire information has been transmitted to
ING.
Notes for PeopleSoft
HCM users:
Locating 401(k) Match Total in PeopleSoft
HCM and Reporting to ING. The GSEPS Match
Contribution is reported on the PYXXX0018H report with other
Employer Contributions. The Deduction Code is listed as
GS401K or GS401+, and the Deduction Class is ‘P’ for Nontaxable
BTax Benefit. This is the amount that should be entered as
the Employer Match on the Control Totals Sheets for ING.
PeopleSoft HCM Pension
Reports. An additional
pension plan code has been added to PeopleSoft to accommodate
the new ERS benefit plan GSEPS. As a result, the ERS Pension
Reports provided by the State Accounting Office to assist you
with completing your Retirement Reports now have (3) three
benefit plans listed.
Please be aware that the totals page of
your BNxxx559-Retirement Interface Transmission Recap and the
BNxxx555-Retirement Report for Pension Plan ERS indicates a
grand total for all contribution groups (benefit plans) under
ERS.
For most employers it will be similar to
the following:
E2GAR xxxxxxx
xxxxxx xxxxxxx
E2NAR xxxxxxx
xxxxxx xxxxxxx
E2OAR xxxxxxx
xxxxxx xxxxxxx
Sum xxxxxxx
xxxxxx xxxxxxx
-
To obtain the salary and contributions
summary data for your ERS-AR report you should sum the
salary and contribution totals for E2NAR and E2OAR
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To complete your ERS-GAR report you
should enter salary and contributions summary totals for
E2GAR
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