Member Name Requirements
[Posted on 03/18/2015 at 1:39 PM]
In order to comply with the Governmental Accounting Standards Board (GASB) requirements for public pension plans, MOSERS will now use members’ legal names (as printed on their social security card), rather than nicknames, in our plan records. This is part of our data validation process for compliance with new accounting standards. For example, we will use “William” instead of “Bill” or “Jennifer” instead of “Jenny” in our plan records and in our correspondence with our members.
No action is required on your part; we are just making you aware of this change in case you notice a difference in your correspondence from MOSERS.
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