Updated April 6, 2022.
Changes in effective salary should be reported to the Board of Pensions in a timely manner, as effective salary determines dues for Pastor's Participation and Minister's Choice, deductibles and out-of-pocket maximum amounts in the PPO, death and disability benefits, and pension credits for the Defined Benefit Pension Plan.
At the start of each new year, employers are encouraged to review — and update or confirm — effective salary for all members. Throughout the year, whenever a member's salary changes (including cash salary, housing allowance, employer contributions, SECA, bonuses, and other allowances), the employer must report it to the Board within 60 days of the effective date. For example, a salary change that took effect January 1, 2022, must be submitted through Benefits Connect no later than February 1, 2022.
Log on to Benefits Connect as the Employer Representative, select Manage Employees, and click on the name of the member for whom you are confirming or updating effective salary.
When reporting a salary change with an effective date in the future, keep in mind that the member's new salary will not appear in Benefits Connect until the effective date.
A bonus should be reported in the same calendar year in which it is received. If a prior-year bonus is being reported in the current calendar year, it cannot be reported with the current year's effective salary; you must report a prior-year bonus and a current year salary change as two separate submissions.
If an employee receives more than one bonus in a calendar year, you can report only one of them in Benefits Connect. Call the Board to report a second bonus.
For more details, see How to Change or Confirm Effective Salary using the Resources & Support menu option in Benefits Connect. If you have questions, call the Board at 800-773-7752 (800-PRESPLAN) Monday through Friday, 8:30 a.m. to 7 p.m. ET.