Announcement Details

Distribute To

Title

Body

Expires

Announcement_Date

Sys_Alrt

Sys_Alrt_Expires

Announce_Year

Announce

Attachments
Content Type: ASC_Announcements
Created at by
Last modified at by
Date1/9/2014
AnnouncementReporting Arkansas Diamond 457 Deferred Compensation Plan Enrollment
Description

Act 452 of the 89th General Assembly, 2013 Regular Session, mandates that all full-time state employees beginning employment or re-employment on or after January 1, 2014 shall be enrolled in the Arkansas Diamond 457 Deferred Compensation Plan (The Plan). 

 

The employee may opt out of the Plan by completing the Opt Out form provided in the hiring packet and returning the form to their HR personnel.

 

If the employee does not complete the Opt Out form, the employee will automatically be enrolled in the Arkansas Diamond 457 Deferred Compensation Plan. 

 

The report, “Eligible Employees Auto Enrolled/Opted Out Ark Diamond 457 Pre-Tax Report,” will identify those eligible employees who are auto enrolled and eligible employees who opted out for the reporting period selected. This report may be run by entering transaction code ZACT452 (menu path: Special Transactions & Reports (State of Arkansas) > Human Resources > Benefits > ZACT452).

 

AASIS Help has published a tutorial for creating this report:

http://rwdprd.dfa.arkansas.gov/gm/folder-1.11.12727?mode=EU

 

The roles authorized to run this report are: Z:HR0105 (Agency Employee Benefits Management); Z:HR0106 (Agency Employee Benefits Specialist); Z:HR0120-State (State Benefits Plan Management); ES_HRPY_DISP (State Payroll Display Role); and ES_HRBN_DISP (State Benefits Display Role).

 

For further instructions, refer to the Act 452 Auto Enroll in Arkansas Diamond document at: http://rwdprd.dfa.arkansas.gov/gm/folder-1.11.12636?originalContext=1.11.2398