Employers

Overview

Employer Resources
May 2018

Announcing Employer Forums

ERSGA held the first Employer Forum in May.  

Employer Forums will provide the opportunity for us to get together with you to share information, training and new initiatives, as well as partner with your agency on specific projects.

In May, topics Included:

  • Introduction to the new Website
  • Peach State Reserves
  • Overview of the Reporting Process Using the Employer Desktop
  • Plan Eligibility and Enrollment
  • What is an Invoice and How Do I Allocate?
  • Forfeited Leave Processing
  • For File Providers: Understanding ERSGA Data Requirements
  • Rehired Retirees
  • Prior Period Adjustments

If you would like to participate in a future ERSGA Employer Forum, please let your ERSGA contact know or send an email to traci.pickett@ers.ga.gov.

 

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Employer Costing for ERS Rehired Retiree FAQ
SB176 Employer Cost

11/2020

1.​ What are the employer costs dictated by SB176 based on?

GA Senate Bill 176 introduced an employer cost associated with ERS retirees’ return to state employment. The costs are based on the retirees’ contribution group at retirement and the contribution rate and salary earned during the period the retiree is back at work.

2. When are the employer costs for SB176 effective?

The employer costs introduced by SB176 are effective on and after 01/01/2021.

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Detailed Summary of SB 26
GDCP Service Purchase in ERS

SB 26 allows for purchase of prior full-time temporary creditable service with GDCP for ERS members provided they were members of GDCP immediately prior to becoming members of ERS and so long as it is in accordance with 47-2-101 (47-2-99).

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2020 Enacted Legislation

The Georgia General Assembly adjourned June 26, 2020 after a three-month hiatus due to COVID-19. Four bills were passed affecting the Employees’ Retirement System of Georgia and the plans we administer. These Bills have varied impacts on you as Employers, as well as Members. 

We will send periodic communications regarding these bills about our progress, new functionality and training in the form of the Retirement Minute, emailed updates, written and oral communication, individual call-ins, and webinars. 

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GASB, GaBreeze, and GSEPS Notice Updates

GASB

Governmental Accounting Standards Board (GASB) documents GASB 68 and GASB 75 are posted on the Employer Reporting Desktop in Web Correspondence. They can also be found on the GASB page of the Employer section.

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Personal Statement of Retirement Benefits for ERS Members

Employees’ Retirement System of Georgia (ERSGA) is pleased to announce the delivery of ERS (New Plan, GSEPS) Personal Statements of Retirement Benefits.

For members with a Peach State Reserves (PSR) balance, the ERS pension benefit is combined with PSR balances to estimate the member’s monthly retirement income. Members with a PSR balance will also have Social Security included in the estimate. These statements are designed to help the member determine what action is needed, if any, to reach their retirement goals.

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It’s Your Data – Secure and Protect It

Data security is defined as “protective digital privacy measures that are applied to prevent unauthorized access to computers, databases and websites”.

ERSGA invests an enormous amount of resources to protect your data.  Firewalls, encryption, data masking, special software, and a myriad of other software, hardware and protocols are employed to guard against any attempted external or internal breach. 

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Alert – Refund Applications

Effective Immediately:

Do NOT hand out ERSGA Refund Application forms!

We are asking all Employers to STOP handing out paper Refund Applications to terminating employees.  Instead, a Member should apply for a refund online by signing in to their Online Account and clicking the Request a Refund box. 

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Retirement Online

Applying for ERS service retirement benefits is easier than ever!

Why should a Member apply for retirement online?

  • It is available 24/7.
  • Faster to complete and eliminates mail time.
  • Convenient and easy to access from any where.
  • Includes more information in one place and reduces the number of questions.
  • Easy to use and navigate!

What are the advantages?

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Year-End Checklist
October 16, 2018

Calendar year-end is almost here, and it’s time to say goodbye to 2018 and hello to 2019.  Even though it’s not as busy as fiscal year-end, it’s just as important to make sure all transactions and data updates are completed by the due date. In addition to the ongoing month end close, Integrated Statements for ERS Active Members will be prepared based on December 31, 2018 data.   Please review the list below for tasks and due dates:

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Rehired Retirees

Any employer (as defined in O.C.G.A § 47 2-1(17) and O.C.G.A § 47 2-112(a)) that employs a retired plan member must notify the Employees’ Retirement System of Georgia (ERSGA) in writing within 30 days of the employee’s acceptance of employment. If the retired plan member performs more than 1,040 hours in any calendar year, the employer must also notify the board of trustees as soon as such information is available. Any employer that fails to notify ERSGA as required must reimburse the retirement system for any overpaid pension benefits.