Investor Presentaiton

NON-PAYMENT NON-PAYMENT OR NO DEDUCTIONS DEPT TO REMIT FULL PREMIUMS . • (Gov & Emp/Ret Share) DEPT TO COLLECT FROM EMP/RET DEPT TO TERMINATE COVERAGE AFTER 2 TOTAL NON-PAYMENT REPORTINGS DOA CIRCULAR 2023-032 • Departments and agencies must remit payments for all employees/retirees regardless of non-payment or non deduction, i.e LWOP, leave-sharing, etc. Department are responsible to recover premiums for those it advanced payment for. Termination must take effect after an accumulative of 2 episodes of non-payment. Departments are required to track non-payments and terminate accordingly to the last pay period that payment was made. A form must be completed by the department advising the TPA of termination. 9/6/2023 PERSONNEL, PAYROLL, & ACCOUNTING MEETING 15

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