Benefit Reporting
Additional Questions FAQ
What is a benefit portability report?
- A supplemental report that allows a contractor with a “home local” in the state of Kansas to make the benefits “whole” of an employee who is working in a local with lower benefit rates.
- It can also be used by a contractor working an IBEW Local #271 employee in an outside local that would still like to defer a percentage of their gross payroll to their 401(K).
- The utilization of the portability reports is at the complete discretion of each contractor.
How do I file a benefit portability report?
- Click on “Payroll Reporting” > “File Payroll Reports”
- Select the desired benefit portability report from the “Create a supplemental” drop-down list.
- Enter the month and year (MM/YYYY) the benefits were earned.
- Click “New”
- Add the affected employee(s).
- Determine the hours (or gross) and benefit amount.
- For hourly benefits, the hours and amount reported are based on the hours reported to the outside local and the difference between the two hourly benefit rates.
- Checkout and Submit Payment.
What is the difference between the work month and the pay period?
- Work Month determines employee eligibility based on when benefits are earned from the first day to the last day of the month.
- A pay period is a defined time frame for which an employee will receive a paycheck.