December 1, 2010
Re: EMPLOYER PENSION PROCESSING TRAINING SESSIONS for 2011
The Division of Pensions and Benefits has opened PENSION PROCESSING TRAINING dates for 2011 - including NEW EMPLOYER TRAINING FOR THE DEFINED CONTRIBUTION RETIREMENT PROGRAM (DCRP).
These programs, available to Certifying Officers and other personnel who are responsible for the administration of pension and benefits, are presented in two formats:
-- Live classroom training in Mercer County, and
-- Live Webinars done online using GoToMeeting.
In the programs, they cover enrollment rules and procedures for the PERS, TPAF, PFRS and DCRP and present a brief overview of the benefits of each of the plans. They introduce the EPIC system, where employers can access their employees' pension account information for processing and inquiry and introduce the MBOS system, which allows employees and retirees to access their own accounts. They provide training on the employer's responsibility for pension and benefit administration including purchase of service credit, loans, retirement, health benefits, and death claims - with an emphasis on how to use EPIC for these tasks. There is also an in-depth look at quarterly reporting and the IROC and TEPS systems that local employers use to complete their required reporting and payments. They also present a brief overview of benefits under the State Health Benefits Program (SHBP) and the School Employees' Health Benefits Program (SEHBP).
-- For Local Government and Local Education Employers, the programs are offered in two separate sessions that complement each other.
-- For State Employers and for DCRP Training, the programs are offered in a single session.
For specific session details or to register for these programs, please visit their Web site at: http://www.state.nj.us/treasury/pensions/ and click on "Employer Training" under "Hot Topics" to select the appropriate program.
Very truly yours,
William G. Dressel, Jr.