SFRP July 2023 Knowledge Check

What are the attendance impactful dates for July?

• 07/01, 07/08

• 07/05, 07/12

• 07/03, 07/05

• 07/12, 07/26

Non-profits are exempt form CalSavers

• True

• False

If an employee has tips reported as part of their gross income:

• Tips don’t pay taxes so cannot be considered for contributions.

• Have to be sent in a check separate from the payroll deduction contribution check.

• This will calculate into their total amount withheld.

Letters of Acceptance can be provided for rollovers

• True

• False

Answer explanation

We do not have a rollover form therefore we don’t provide Letters of Acceptance.

If an EE does not want to participate:

• ER can change employment status to inactive

• EE has to opt out

• ER can remove EE

• EE can change employment status to inactive

Answer explanation

ER should only change EE employment status to inactive if this EE is no longer working for the company.

Employers can be reset to invited for any qualifying reason.

• True

• False

Answer explanation

Employers can only be reset to invited if they have a qualified plan.

For other qualifying reasons visit Panviva>Exemption>Other reasons

If a CA ER has EE in CA and out of the State:

• Only EEs  who live in CA and receive CA wages need to be added.

• Only EEs that are reported in CA and receive CA wages need to be added.

• Out of State EEs can be added as well.

• Only EEs that live in CA can be added.

Government agencies, tribal and religious organizations are required to register for CalSavers:

• False

• True

The SOP for Callbacks can be found on Panviva under this icon:

• Outbound Call

• Maintenance

• Inbound Call

• Other Information

There is no limit to the number of Primary and Contingent beneficiaries that can be added:

• False

• True