What: When reporting a new hire or rehire, employers must now provide specific data on the employee or the submitted file will be rejected.
Action Required: No
Key Dates: This requirement becomes effective on Friday, October 19, 2018
Impacted Audiences: MERS reporting contacts with a participant directed account (MERS Defined Contribution Plan (including DC Plus), Hybrid, Health Care Savings Program or 457 Program)
For More Information: MERS Service Center – 800.767.MERS (6377)
To improve plan administration and customer communication processes, MERS is now requiring that specific data be included when reporting a new hire or a rehired employee.
The following fields will now be required entries:
- Social Security Number
- Full name (first and last)
- MERS plan number
- Date of birth
- Original date of hire
- Participant status
When all above fields are not submitted, the file will be rejected.