Coming Soon: Enhanced W-2 Salary Submission Process
As part of our continued enhancements to the NRECA Employee Benefits website, the W-2 salary submission process has been updated as a result of feedback from member cooperatives.
On January 2, 2020, the enhanced W-2 Salary Submission event will be available under the “Salaries & Payments” megamenu for submission of 2019 W-2 data.
Benefits administrators will recognize the updated “look and feel” from other enhanced employee administration events. The overall improved process flow includes the ability to save and return to work, preventing time-outs and repeat entries. Additional features of the enhanced event include:
- An up-front dashboard on the W-2 landing page for ease in determining which files have been submitted, are in process or need attention
- Ability to send data for all subgroups at the same time, even if employees are listed in more than one subgroup
- Employees listed in multiple groups are now flagged for easy identification and validation
- The employment period(s) for which W-2 data is expected for each employee is noted in each employee’s record
- New file statuses allow the user to save, continue, and easily correct information and individual employee status
- Error, review and final reports are provided to quickly determine needed action on behalf of the benefits administrator
- A new field has been added for co-ops to report required employee Retirement Security Plan contributions with their W-2 salary submission
- The new field eliminates the need for Appendix E to the compliance questionnaire
NRECA systems will open for benefit administrators to begin submitting 2019 data as of January 2, 2020.
Individuals with questions about the annual W-2 submission process should contact the benefits compliance team at 866.673.2299, option 7, or via email at pension.compliance@nreca.coop. For technical questions about the website, please reach out to the Member Contact Center at 866.673.2299 or contactcenter@nreca.coop. Representatives are available Monday through Friday, 7 am until 7 pm, Central time.
