Annual Compensation Reports
Join us for a webinar that will provide you with all the details you’ll need to know about ACRs, including a demo of the ACR Online Tool. We're holding the same webinar twice, so you can pick the day that works best for you.
Just select a date to register:
CPS uses the Annual Compensation Report (ACR) to accurately:
- Calculate your organization’s contributions for Concordia Retirement Plan and Concordia Disability & Survivor Plan.
- Determine disability, death and retirement benefits for your workers.
- Create an accurate Personal Statement of Benefits for your workers.
Eligibility for participation in the CRP and CDSP
Plan provisions require that any worker, regardless of age, gender, occupation, or faith, who is customarily employed more than 20 hours per week and more than five consecutive months be enrolled in the Concordia Retirement Plan and Concordia Disability & Survivor Plan. A worker meeting this criteria is also eligible for the Concordia Retirement Savings Plan 403(b), if you offer this plan, and may be eligible for the Concordia Health Plan, depending on your organization’s hour’s declaration for eligibility. These provisions apply to all workers—pastors, teachers, and preschool teachers, as well as day care workers, custodians, secretaries, cafeteria workers, and other occupations.