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TRS training explains SSP (457(b)) reporting in Gemini employer portal
Summary
Angie Gerlach, deferred compensation analyst at the Teachers' Retirement System, led a recorded TRS training session on SSP deferred‑compensation reporting in the Gemini Employer Portal (date not specified), explaining when and how to submit reports, how to resolve common edits, and how to authorize payments to Voya.
Angie Gerlach, deferred compensation analyst at the Teachers' Retirement System, led a recorded TRS training session on the Supplemental Savings Plan (SSP) deferred‑compensation reporting process and the Gemini Employer Portal (date not specified). Gerlach explained when the SSP deferrals report is generated, the two methods employers can use to submit contributions, how to resolve common edits flagged by Gemini, and steps to authorize payments that trigger ACH transfers to Voya.
Gerlach said, "SSP deferred compensation reporting plays a very important role, not just for you as reporting or payroll officer at your district, but for every employee who participates in the SSP." She emphasized that pulling the most recent SSP deferrals report immediately before payroll close helps ensure withheld contributions match employee elections and are sent to Voya for investment promptly.
Why this matters: the deferrals report is the employer’s signal that an SSP election has changed (new enrollment, change, or cancellation). A timely report both starts the funds transfer to Voya and prevents withholding or posting errors that could require refunds or corrections on payroll.
Key points from the training
• When reports generate and how to access them: TRS generates a new SSP deferrals report whenever an employee enrolls, updates, or cancels a deferral. Notifications come from trsGeminimessenger@trsil.org; employers may download the report as PDF for print‑friendly review or CSV for analysis in Excel. Gerlach recommended adding the sender to a safe‑senders list to avoid missed reports.
• Differences from defined‑benefit (DB) reporting:…
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