Think You’re Missing Contributions? They Might Not Be Due Yet.
Quarterly contributions statements are sent each January, April, July and October to help participants verify that their earnings and employer contributions are being reported correctly. Employer contributions are an important part of qualifying for certain pension and health benefits, including Health Plan coverage, so accurate reporting is key.
Quarterly statements include details of a participant’s reportable work earnings for all covered employment performed during the quarter, residuals, and any adjustments received during that period. It is important to carefully review each quarterly statement so that you can work with the Plans to address any discrepancies. Make sure you
carefully review these statements for accuracy.
Employers have until the end of the month following the month work was performed to report contributions
Keep in mind that employers have until the end of the month following the month you worked to report contributions to the Plans (although many employers report contributions on a more frequent basis), so all covered work performed during a quarter might not be listed on that quarter’s statement. For example, work performed in March need not be reported until the end of April, so those contributions may not appear on a first quarter statement. Instead, they may appear on the second quarter statement if the contributions are reported on time.
If you discover inaccuracies on your statement, be sure to document them on the Quarterly Statement Discrepancy Reporting Form provided with your statement and return the form to the Plans office along with any supporting documentation. You are encouraged to return this form promptly to increase the ease and timeliness of recovering any misreported contributions.
Use myPHP to Check Your Contributions ANYTIME
Rather than wait for a quarterly statement to arrive in the mail, you can also monitor your contributions via the myPHP online benefits portal. Contributions are reflected in the portal as they are processed by the Plans office. You can even sort contributions by employer, date range or amount. To view your processed contributions, log into your myPHP account and go to the Contributions tab. To learn more about the myPHP portal—including a step-by-step video walkthrough of the registration process—or to register, visit www.dgaplans.org/about-myphp.
If you have questions regarding your quarterly contributions statement, call the Contributions, Collections and Compliance Department at (323) 866-2200, Ext. 567.
