Tuesday, April 7, 2020

457 - Wage & Contributions Reporting

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How to report wages video

Wage and Contribution Guide

457 Upload Template 
457 Upload Schema File

View frequently asked questions
Watch reporting and template videos

Reporting Wages for the 457 Program
MERS requests that employers report wages for employees enrolled in the MERS 457 Program. Employers will have the option to enter in information through the Employer Portal or by filling out and uploading a template to the reporting portal. For more information, view this video that covers how to report wages.

Process to Submit Participant Enrollment Information to MERS
Employers can enroll new hires in the 457 Program by simply adding them to their payroll file.

Beneficiary Information
Once a participant has been added to your municipality's payroll file, MERS will mail participants their beneficiary forms along with other plan-related information. Participants will return the completed forms to MERS and we will update their record.

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The information contained in this Web site is being made available as a public service. The information is not intended to constitute legal or investment advice, or to replace official versions of that information. Benefit Estimates or Service Credit Purchase estimates requested through this Web site are not official descriptions of any benefits, and do not represent a promise by MERS to provide any benefit(s) to any person(s). No one can detrimentally rely upon the information provided in, or requested through this Web site. MERS reserves the right to correct any errors, and presents this information without warranties, express or implied, regarding the information?s accuracy, timeliness or completeness. If you believe the information is inaccurate, out-of-date, or incomplete, or if you have problems accessing or reading the information, please call MERS at 800.767.MERS (6377).