They also maintain member data records. Fiscal is divided into three areas as follows. Central Support Unit Enters data received on forms and monthly transmittals into computer system. Deposits receipts from 612 employers on behalf of employees, and from members and employers for repayment of previous service and delinquent accounts. Balances monthly transmittal reports of employee and employer contributions and assists employers with financial compliance issues.
Monitors accounts receivable and reconciles accounts.
Tracks member adjustment payments and special payments. Processes employer credits. Fiscal Administration Recommends fiscal policies to management and Retirement Board. Administers purchasing procedures and maintains inventory of capital equipment. Establishes and monitors internal controls.