1. Get Started!

Get access to MissionSquare Retirement’s web-based system EZLink.

• Complete the EZLink Access Form.

Become familiar with these guides, which will help you administer the Defined Contribution Plans:

• VRS/MissionSquare Retirement Payroll Guide (for all org types)

2. Make Contribution Changes

Download the monthly report for deferral changes and update payroll accordingly (for decentralized state employers, political subdivisions and school divisions that participate in the Commonwealth of Virginia 457 Plan).

• Downloading the Monthly Deferral Changes Report

3. Submit Payments to MissionSquare Retirement

Submit contribution files in EZLink, using online entry or a pre-formatted batch file. For batch file information, contact MissionSquare Retirement.

• • EZLink Training

Send payment to MissionSquare Retirement each time you withhold contributions from employee paychecks.

• Payroll Guide (see the Submitting Contributions section)
• ACH Debit Authorization Form
• ACH Credit and Wire Instructions

4. Review Contribution Limits

Monitor employee’s total contributions to all 457 plan(s) throughout the calendar year. Once the limit is reached, stop all 457 contributions and employer match, if applicable.

• Downloading the Contribution Limit Report
• Bookmark the Contributions page

If an employee has exceeded the 457 limit, refer to step 5 for corrections.

For the Optional Retirement Plans, the 401(a)(17) limit is applicable and requires monitoring.

5. Make Corrections as Required

Follow this guidance to make member account corrections with MissionSquare Retirement.

• Request for Mistake-of-Fact Review form
• VRS Optional Retirement Plan Correction Policy
• VRS Commonwealth of Virginia 457 Deferred Compensation Plan and Virginia Cash Match Plan Correction Policy