Specifications include, but are not limited to: Enrollment for 457 and/or Roth 457 services for participants Contribution changes available online to employees; changes must be communicated to the Payroll Team bi-weekly before the payroll deadline. Vendor is required to accept negative contributions on the contribution file and adjust/offset participants’ accounts accordingly. Secure electronic file transfer for contribution, demographic loan repayment and separations; provide file specifications Distribution Kits Withdrawal processing Loan processing and administration. Loan repayment via payroll deduction is required for active employees. Proactive rollover contribution educational services Fund profile and performance info. via Call Center and Internet/Mobile Address changes available online.
