The member data collection (MDC) process officially begins on December 14, 2020. To save you time during the process, there are a number of things you can do to prepare. Here is your checklist of activities to complete before you formally start your MDC:
Report any employment status changes where members have changed between full and part-time.
Complete the activities below before you start your MDC.
Remittances
Report allretroactive contributionsbased on retroactive payments that were paid to your HOOPP members in 2020.
These contributions form part of the 2020 pension adjustments (PA), and the information is required to ensure their accuracy.
Report allprevious year adjustments.
In addition, as part of your year-end process please ensure that you:
Submit payments for any outstanding amounts owed to HOOPP.
Apply all outstanding credits to your upcoming remittance declaration.
Note: Credits do not get applied automatically.
Member Events
Report all 2020 terminations and retirements.
Note:These members do not need to be provided again through MDC, however, they will show up on the MDC Missing Members Report if they have not been reported to us.
Report all 2020 enrolments.
Member Information Update
Update all leaves of absences, including any changes for members on health leave.
Report any employment status changes where members have changed between full-time and part-time.
Review your records and confirm any part-time members who took and paid for a leave of absence during 2019. You will have to report their contributory service to HOOPP during MDC and having this information available will help support the process.