Working With Employee Benefits

1099R Tax Forms Are Available Online

2019-02-20: Did you know that you can print or download a pdf copy of your retirees’ 1099-R forms directly from the Benefit payment website? For your convenience, we have made them easily accessible to help you better serve the members of your pension plan.

If the above link does not work, please copy and paste this URL: https://benefitpayments.usbank.com/usfaspay/login.html

GASB 72 Reporting for Plan Sponsors

2019-02-26: Did you know that Salem is able to produce a GASB (Governmental Accounting Standards Board) 72 Report? This report is often requested and used by the individuals at a municipality who prepare annual reports for their pension plans.

GASB is the independent organization that establishes and improves standards of accounting and financial reporting for U.S. state and local governments.

No Email Encryption? No Problem!

2019-02-18:If you do not have a secure way to send sensitive information to Salem Trust, reach out to salemops and request to have an ENCRYPTed email sent for you to use.

Retirees: What to Do if You Have an Address Change

2019-02-27: Salem can only accept address changes for retirees from authorized individual(s) for a pension plan. This can be a plan administrator or an individual appointed by the board. We follow this procedure for the protection of our retirees. If you are not sure who to contact, give us a call and we will be glad to provide this information to you.

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