TC SUNY VDC April Webinar PPT - The State University of New York
TC SUNY VDC April Webinar PPT - The State University of New York
TC SUNY VDC April Webinar PPT - The State University of New York
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Getting ready for implementation<br />
Format: SPARK file remittance file overview<br />
SPARK Format (>250 participants and/or centralized remitter such as OSC and OPA):<br />
• TIAA-CREF uses the SPARK layout for this file type<br />
‒ Layout will allow the adoption <strong>of</strong> future services such as eligibility, limits<br />
monitoring, and employer calculations<br />
‒ Pipe delimited file format following SPARK Institute Standard format<br />
• File requires a row <strong>of</strong> data per plan / product<br />
• <strong>The</strong> Census / remittance file is transferred by the payroll provider to the<br />
TIAA-CREF after each payroll is run.<br />
‒ SPARK Remittance files must be transferred via SFTP*<br />
• File includes updates on census data, salary, deferral updates, and<br />
position changes<br />
• File includes newly eligible employees and current payroll information<br />
• Testing is a six to eight-week iterative approach<br />
*Secure File Transfer Protocol<br />
For Institutional Investor Use Only. Not for Use With or Distribution to the Public.<br />
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