Category Archives: Employer

Notice No: 23-001Date: Jan. 5, 2023Applies to: All EmployersSubject: DRS Email 23-001, Plan 3 January Transfer Opportunity A quick reminder that your eligible Plan 2 members have the opportunity each January to transfer to Plan 3. They must sign, date and turn in the Member Transfer Form to you by Jan. 31. For more information about who…

DRS Notice HEART Act of 2008 – Differential wage payments H.R. 6081, The Heroes Earnings Assistance and Relief Tax (HEART) Act of 2008, was passed by Congress in May 2008. The HEART Act provides tax benefits and incentives to military personnel. Beginning in January 2009, differential wage payments for retirement plan purposes are now reportable.…