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When reporting coaches' wages on one Detail 2 (DTL2) record over multiple pay periods, the end date of the DTL2 record must match your report end date and the Detail 4 (DTL4) record end date. If the DTL2 record end date does not match the report and DTL4 record end date, it will suspend with the error message that a DTL4 record has not been reported for the pay period.
See 7.03.02: Reporting coaches wages on a DTL2 record in the Reporting Instruction Manual for more detail.
In February, each eligible reporting unit will receive a credit for Defined Contribution (DC) employer contributions it paid for employees who did not vest in the past year. This is an annual credit distributed around February each year.
The contributions will appear as a credit on your pay cycle statements in early to mid-February. The money can only be used to offset future employer contributions on your pay cycle statement(s), according to IRS rules. You are still required to withhold the appropriate employee contributions from your employees. The credit cannot be used to offset employee contributions.
Web Administrators will receive more information as soon as it becomes available.
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The MPSERS Employer Toolkit, developed by Voya Financial to assist payroll staff with reporting, was released in June 2022 and announced in the June 2022 newsletter. It is located on the State of Michigan 401(k) and 457 Plans website.
Take a minute to review and bookmark the site, which provides contact information, FAQs, frequently used materials, and more.
Some information and links in the toolkit are intended for members, like PickMIPlan.org and the Plan Highlights e‑books. The toolkit is a quick way for employers to access the information.
Each year, the IRS announces contribution limits for Defined Contribution plans. In 2023, participants in the State of Michigan 457 Plan are eligible to contribute $22,500 (or up to $30,000 if they are age 50 or older).
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In This Issue:
Jan. 16 Martin Luther King, Jr., Day — ORS is not open for business on this state holiday.
Feb. 5 Scheduled system maintenance — Employer Reporting website unavailable.
Feb. 20 Presidents Day — ORS is not open for business on this state holiday.
Recent Communications
No communications have been sent to all reporting units since the last newsletter.
Recent RIM Updates
7.03.02: Reporting coaches wages on a DTL2 record
FTS site user IDs and passwords
As a reminder, each reporting unit has only one user ID and password for the File Transfer Service site.
Please verify with all reporting staff users at your reporting unit before requesting the user ID or a password reset.
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