Pay Cycle Reporting and Payment transition ends

February 3, 2015

 The transition to pay cycle reporting and payments ends April 2015

Beginning with your first pay period on or after April 1, 2015, all employers must submit their payroll reports and make retirement contribution payments based on new the Reporting Standard. Payments for all March reports are expected no later than April 9, 2015.

New Pay Cycle and Payment Standard

Payroll reports can be submitted through the Employer Reporting website as soon as they are ready and within 3 days of the reporting end date. Reports must be accepted by the 5th business day and payment to ORS must be received by the 7th business day after your pay period end date. Defined Benefit and Defined Contribution records, that can be accepted and posted by the employer, must be posted by the 10th business day after your pay period end date.

What this means to you:

• We suggest that you submit your report as soon as you’ve completed payroll for that pay period and within 3 days of the reporting period end date.
• Accept your reports! Unaccepted reports will be considered missing or incomplete. Only accepted reports will post Detail records.
• Accepting, and correcting reporting errors, allows records to post within 10 business days after your pay period end date.

Why is accepting your reports so important?

By accepting and having your payroll records post, as stated in the Pay Cycle and Payment standard, the process of transferring your employee’s contributions to Voya Financial™ is made in a timely manner, and allows your employee to reap the full financial benefit.

 What does Pay Cycle and Payment reporting looks like?

Compare the April Payroll Calendar below with your first payday in April 2015.  

If you have any questions, please contact the Employer Reporting help desk at ORS_Web_Reporting@michigan.gov or (517) 636-0166.