Remitted contributions don’t match your Payroll Report? Here’s some help
Ensuring your remittance matches the data on your Payroll Report saves you time and effort later.
We know balancing your remitted contributions and salary to the data on the Payroll Report is easier said than done. That’s why there’s a form called Balancing Help on the secure employer website. Find it by clicking on Reports, then clicking E-Remittance. The form includes total remittances to date and a guideline for balancing remitted funds to payroll data.
Why this is important
- Balancing remittances to your Payroll Report ensures we have correct information to process pension benefits and pension adjustment statements for your employees who are plan members
- Accurate data is critical in calculating benefits for employees when they retire or who are ending employment
If we receive unbalanced data, your Payroll Report will differ from your remittances. Using the Balancing Help form quarterly will help reduce the number of errors you need to fix.