New Process for Contribution Status Changes

Sent to: Admin. Contacts
Date: July 23, 2008

In the most recent issue of Primer, we announced that a new employer transactional site called HOOPP ESE (Employer Secure Environment) was about to be rolled out for a “test drive” with a pilot group of employers this summer.

As HOOPP moves toward providing employers with an online method of transacting with us, we have updated the process for waiving contributions and changing a member’s contribution status. As a result, the Contribution Status Change form has been revised and has been joined by a second form, the HOOPP Contributions Waiver.

The revised Contribution Status Change Form is now used to report changes in a member’s employment status (full time to part time or vice versa) and contributory status (active to inactive or vice versa). It is no longer used when a member wants to waive contributions.

Instead, a new HOOPP Contributions Waiver has been introduced, which can be used when a member wants to waive contributions because he or she:

• contributes to the Plan at a full time job elsewhere
• is moving from full time status to part time status

The waiver must be signed by the member to acknowledge their understanding of the rules regarding waiving contributions. Once it has been signed, you must send it to HOOPP.

If you have any questions, please feel free to contact us at info@hoopp.com.

Special Instructions for ESE Test Pilot Group

If you are part of the group that is test driving ESE, the Contribution Status Change Form is available to you through ESE and you can complete it through the transactional site rather than completing the paper version. The HOOPP Contributions Waiver, which can be found on hoopp.com, should be completed and sent to HOOPP at the same time if the member decides to stop making contributions due to a status change.