Employer News | June 2015

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In This Issue

Upcoming Seminars



Audit Section
(907) 465-5707

Financial Education and Advice Services
(800) 232-0859

Member Services Counseling Services
(907) 465-4460

Member Services Contact Center
(907) 465-4460

Contact the editor with feedback. Archives are available. 

Online Services


Payroll Processing

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June | VOLUME #118

Employer On-Behalf Funding


Fiscal Year 2015

The Division of Retirement and Benefits will apply Fiscal Year 2015 PERS and TRS employer on-behalf funding, provided by Senate Bill (SB) 119 (Section 48), to payrolls received in our office by July 15, 2015. Fiscal Year 2015 covers payrolls containing payroll end dates from July 1, 2014 to June 30, 2015.

After the July 15, 2015 cutoff has been reached and all applicable payrolls have been processed, the Division will complete the annual on-behalf funding true-up. We anticipate sending employer on-behalf year-end statements that include the true-up by early August 2015 via email.

Counselors Planning for 2015-2016 Travel Season

Individual Appointment 5

We are beginning our planning for the 2015-2016 travel season, which will run from late August 2015 through May 2016, with a break in November and December. To maximize our travel budget, Regional Counselors may schedule community visits to employers of both the Public Employees’ Retirement System (PERS) and Teachers’ Retirement System (TRS) when schedules permit.    

Many of our community visits have been fine-tuned over time to better meet the needs of the various communities we visit. For the coming 2015-2016 travel season, if you have special needs or circumstances (a large group of employees in for training, etc.) that may be taking place around the normal visitation times of your counselor’s visit, let them know so they can better coordinate resources with you and your staff.  

Options that can be explored prior to your counselor’s visit:

  1. Personal one-on-one counseling with your employees
  2. Formal and Informal presentations to employees
  3. Informal “question and answer” sessions with employees

You can find information about your counselor on our website.

Even though a large number of Alaska communities benefit from Regional Counselor visits, timing or cost constraints may prevent many communities from receiving personal visits. In addition to visits by Regional Counselors, the Division of Retirement and Benefits can also offer a number of online and “WebEx” training opportunities to you and your staff through:

  1. Interactive group training sessions with a Retirement Specialist
  2. Personalized training courses recorded and focused on your specific staff’s needs
  3. Recorded information and presentations that can be accessed at any time to clarify and inform your employees on their benefits   

Make sure to contact your counselor if you have special needs or events this coming travel season. If you are interested in how your staff could benefit from additional online training, please contact:

Mike Doss
Retirement Specialist
(907) 465-4468

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Employer Task Force Update


We would like to thank all those who participated in the survey and those employers who took the time to participate in the Employer Service Verification Task Force. It is our hope that we are able to identify key areas of improvement through a cooperative effort between the Employers and the Division of Retirement and Benefits. To date, we have completed our initial review of the information provided on the Employer Questionnaire and we are currently working on a final proposal. Once we have completed the final proposal, we will make the information available.

Roberto Aceveda
Counseling and Benefit Education Manager

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Upcoming IRS Webinars

IRS Webinar

Affordable Care Act Virtual Presentation: Employer Shared Responsibility and Information Reporting
Wednesday, June 24 at 9am (Alaska Time)

Topics include:

  • Employer Shared Responsibility Provisions
  • Information Reporting by Employers
  • Information Reporting by Providers of MEC
  • ACA Informational Resources

Backup Withholding and Form 1099 Miscellaneous
Thursday, June 25 at 10am (Alaska Time)

You will learn about:

  • Recognizing required actions
  • Understanding common mistakes
  • When to backup withhold
  • How to report backup withholding

Taxability of Fringe Benefits Part 3: Other Compensation and Payments to Employees
Thursday, July 9 at 10am (Alaska Time)

You will learn about:

  • Uniforms and clothing allowances
  • Other types of compensation
  • Payment of awards and prizes
  • Professional licences and dues

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