Retirement 101

Utah Retirement Systems offers a semi-annual Retirement 101 training for relatively new, inexperienced employees working with URS. This training will cover the basics of retirement benefits administration, laws and related responsibilities. The trainings are held in February and August.

Excel file available to upload directly into your payroll system

We no longer distribute paper copies of the Deferral Changes Report. This is the report we send out each week listing employees who have savings plan deferrals, loan installments, and contribution changes.

It’s vitally important that these changes get input into your payroll system accurately to ensure that your employees’ paychecks are correct. Because we no longer provide this report through the mail, we provide you with digital copies.

We send an email reminder each Monday letting you know when this digital report is available. To access the report, log into URS for Employers and click on Deferral Changes Report under the Reports menu on the left. Two files are available for each time frame. The first file is a PDF copy of the report that you previously received by mail. The second is an Excel file.

This Excel file allows you to upload changes directly into your payroll system. You may initially need to work with your IT department to implement these changes. We hope this report saves you time and money, and helps you avoid data entry problems.
Please contact your Employer Support Technician at 801-366-7318 or 800-753-7318 with any questions.

401(k) and 457 Plan Contribution Limits

The 2016 contribution limits for the 401(k) and 457 plans is $18,000 with an additional age 50 catch-up provision of $6,000. So for those employees age 50 or older the limit is $24,000 into each plan (401(k) and 457) for a combined total of $48,000. For those under the age of 50 the combined limit would be $36,000 ($18,000 for each plan).

Roth and Traditional IRA Contribution Limits

The 2016 contribution limit for both the traditional and Roth IRA is $5,500, with an additional age 50 catch-up provision of $1,000. Also, remember the IRA limit is combined so employees are limited to a total of $5,500/$6,500 for all of the IRAs that they own.

2016 Contribution Limits
Plan Maximum Employee Contributions Employee
(age 50+)
(under age 50/
age 50+)
Employee and
401(k) $18,000 $6,000 $18,000/$24,000 $53,000
457 $18,000 $6,000 $18,000/$24,000 $18,000/$24,000
Traditional IRA $5,500 $1,000 $5,500/$6,500 NA
Roth IRA $5,500 $1,000 $5,500/$6,500 NA

URS Employer Line:
801-366-7318 or 800-753-7318

Please contact your Web Administrator to find out your password. If you are the Web Administrator, please contact the Records Management Employer Line at 801-366-7318 or 800-753-7318.

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