This information is to help employers prepare for the 2021 reconciliation process. Annual reconciliation is a time-sensitive project. Your assistance is required to ensure that your employees’ WRS Annual Statements of Benefits (issued in April) are accurate and complete.
ETF has released two new recorded webinars for employers focused on the ICI Program. The two webinars cover topics including benefit amounts, eligibility, enrollment options, filing claims, employer errors, and more.
Based on the improved financial position and strong investment results, the ICI premium rates for 2022 will decrease by 50%. See the premium rate charts in the ICI employer section of the ETF website.
Directions for employers to report their annual reconciliation through the Account Update Application by manually entering an annual transaction for every WRS-eligible employee at your employer.