Employer News | June 2017

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In This Issue

Upcoming Seminars



Audit Section
(907) 465-5707

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(800) 232-0859

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(907) 465-4460

Member Services Contact Center
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Employer Services


Payroll Processing

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JUNE 2017 | VOLUME 142

IRS and SSA Information and Education Available Online

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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!

Employer On-Behalf Funding

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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.

Statewide Deferred Compensation (457) Plan Rollout Status

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.

Fiscal Year 2018 Employer Contribution Rates Available


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.