 JUNE 2017 | VOLUME 142
 The Internal Revenue Service (IRS) and the Social Security
Administration (SSA) both provide information and training for governmental
employers on their websites.
The IRS has agents that work with federal, state, and local
governmental employers (FSLG) exclusively. FSLG presents information on federal
tax matters for all types of government entities.
Visit the FSLG News web page to subscribe. Sign up to receive
information pertaining to:
-
Calendar of outreach events (conferences,
seminars, etc.)
- Compensation and fringe benefit issues
-
Information return reporting
- News and reminders from the Social Security
Administration
-
Activities of the National Conference of State
Social Security Administrators
-
Recent tax law changes
The SSA has a similar office for state and local government
employers (SLGE). Visit the SLGE web page
for SSA information, publications, FAQs and more!
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 Fiscal
Year 2017
The
Division of Retirement and Benefits will apply Fiscal Year 2017 PERS and TRS
employer on-behalf funding, provided by House Bill (HB) 256 (Section 28), to
payrolls received in our office by July 15, 2017. Fiscal Year 2017 covers
payrolls containing payroll end dates from July 1, 2016 to June 30, 2017.
After the July 15,
2017, 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
mid-August 2017 via email.
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Due to issues regarding the completion of the new Employer
Services reporting tool until late September and the need to provide adequate
time for employers to test and convert to the new reporting system, the rollout
of the Alaska Public Employees’ Deferred Compensation Plan to political
subdivisions, public organizations and school districts has been moved to
January 1, 2018. The Division will, however, begin contacting employers
through Division representatives and our recordkeeping partner, Empower Retirement
Services, about the provisions of the plan in preparation for joining the
plan.
The
Alaska Retirement Management Board (ARMB) has established Fiscal Year 2018 (FY18)
employer
contribution rates for the PERS/TRS Defined Benefit (DB) and Defined
Contribution Retirement (DCR) Plans.
Please
refer to the FY18 Employer
Contribution Rates on our website for complete information. The link to the
PERS and TRS FY18 Employer Rates is under Resources on the Employer Services web page.
For questions about employer contribution rates,
please contact Christina Maiquis at (907) 465-1845 or via email at Christina.Maiquis@alaska.gov.
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