PERAC Memo #5 - 2023: PROSPER Cash Books and Annual Statement Submission
PROSPER Cash Books and Annual Statement Submission
View original on mass.gov →Summary
This memo announces that retirement boards will soon be able to submit Cash Books and Annual Statements entirely through PROSPER, including board approval of the Annual Statement within the system, with the new module expected to be available in March 2023. Boards are instructed not to submit 2022 Annual Statements until after the module launches and they have attended or viewed the training webinar scheduled for February 16, 2023. Staff who currently hold the disability role in PROSPER will automatically receive the new Finance role; additional staff needing access should submit the Individual Account Request Form to PERAC.
Full Text
PERAC Memo #5/2023 PERAC Auditor DIANA DIZOGLIO | KATHLEEN M. FALLON | KATE FITZPATRICK | JAMES J. GUIDO | RICHARD MACKINNON, JR. | JENNIFER F. SULLIVAN, ESQ. JOHN W. PARSONS, ESQ., Executive Director FIVE MIDDLESEX AVENUE, SUITE 304 | SOMERVILLE, MA 02145 PH 617 666 4446 | FAX 617 628 4002 | TTY 617 591 8917 | WWW.MASS.GOV/PERAC COMMONWEALTH OF MASSACHUSETTS | PUBLIC EMPLOYEE RETIREMENT ADMINISTRATION COMMISSION PHILIP Y. BROWN, ESQ., Chair
M E M O R A N D U M
TO: All Retirement Boards
FROM: John W. Parsons, Esq., Executive Director
RE: PROSPER Cash Books and Annual Statement Submission
DATE: January 19, 2023
Retirement boards will soon be able to submit Cash Books and Annual Statements entirely within PROSPER!
Board approval of the Annual Statement will also be completed in PROSPER.
Training for the staff and board member roles on this new feature will be provided during our upcoming Cash
Books and Annual Statement webinar on February 16
th
. The webinar recording will later be posted on our
website for those who are unable to attend the live session.
Please do not submit your annual statement to PERAC until after this module is available in PROSPER in
March and you have attended or viewed this training. Our expectation is that PERAC will be processing ALL
2022 Annual Statements and 2023 Cash Books submissions entirely online through PROSPER.
Requesting Access:
Board members will not need to request any additional roles in PROSPER. For your convenience, board staff
who currently have the disability role in PROSPER will automatically receive the new Finance role with access
to Cash Books (CB) and Annual Statement (AS). If you need to add a new staff member with the Finance role,
please fill out the attached Individual Account Request Form (also available on our website), select the
corresponding role(s), and submit the form with all required signatures to PERAC, attention: PROSPER Help
Desk. For fastest processing, please email PER-ProsperHelp@mass.gov with a scanned copy of the completed
form. You may also mail a hard copy to our office if you prefer.
Webinar Information:
Date - Thursday, February 16, 2023, 10:00 a.m.
Registration – tinyurl.com/PER-0216
Board members who attend the live webinar will automatically receive three educational credits. Board
members who view the recorded session can earn three educational credits by submitting a training affidavit in
PROSPER.
If you have any questions, please reach out to us at: PER-ProsperHelp@mass.gov. Thank you for your
cooperation.
Attachment