Versions Compared

Old Version 5

changes.mady.by.user Thomas Stachowicz (Deactivated)

Saved on

compared with

New Version Current

changes.mady.by.user Thomas Stachowicz (Deactivated)

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Annual member data collection submission

For Plan Rules, please visit the Admin Manual: Link


HOOPP’s member data collection (MDC) process is the annual event where employers provide details of member’s participation for the previous ( most recent ? might be a better choice of words as we may open MDC mid Dec) calendar year.  This data is used to; 

  • Update member records

  • Calculate benefits

  • Produce personalized Annual Statements

  • Prepare the Plan’s valuation reports

  • Reconcile contributions remitted

Employers are required to provide the following data during the Member Data Collection Process:

Contributions, Weeks and Pension Adjustments for active periods 

  • Deemed Earnings for Contributory Leaves 

  • Employment Status changes that occurred in the MDC year including effective dates 

    • For more information on the annual Member Data Collection MDC, click here: Member Data Collection (MDC)



    Panel

    View file
    nameInsight - MDC Download File Template .mp4
    pageMDC Submission
    spaceTEST
    height250

    "Rather Watch?  Click here to view the How to Download the MDC File Template Video".