DA Memo - December 8, 2005

Information for Employers Offering Optional Group Life Insurance

1. Monthly Optional Group Life Insurance Reports

(1) Monthly Optional Group Life Insurance Reports

KPERS is adding a new information system. As part of this improvement, optional group life insurance reports have changed. The reports have the same basic information with a new layout.

New Report Details
In the new report layout, you will see that each OGLI transaction has a unique serial number. This is for our reference and you do not need to track them. Please continue to review each transaction and mark any changes directly on the report itself. Add new employees and delete those who have left your payroll for different reasons. Also show any adjustments you make to the report (additions, arrearages, refunds) on the Life Insurance and First Day Coverage Summary page. Be sure to change the total on this page.

New Reconciliation Tables
In addition to the regular monthly report you are used to getting, we have added a page with OGLI reconciliation tables. These tables detail monthly premiums due, compared to the actual payments we received. Keep this report for your reference.

Each amount due per month in the first table needs to match the remittance amount in the second table. If there are any discrepancies, please send us written notice with changes by e-mail, fax or postal mail.

• E-mail: kpersFS@kpers.org
• Fax: (785) 296-6057
• Postal mail: 611 S. Kansas Ave., Suite 100 , Topeka , KS 66603 -3803, attn: OGLI

1. Review each monthly OGLI report for accuracy.
2. Write any changes on the actual report and be sure to update the Summary page.
3. Fax or mail adjusted reports (including Summary page) to KPERS.
   – E-mail: kpersFS@kpers.org
   – Fax: (785) 296-6057
4. Send written notice for any discrepancies in the reconciliation tables.