January 22, 2020: 1099Rs - Frequently Asked Questions
Below are some frequently asked questions regarding your 1099Rs. If you have additional questions, please feel free to contact us.
Who receives a Form 1099?
Any member who receives taxable income from our system will receive a 1099. This includes all monthly benefit recipients, members who have received a refund of contributions, and members who have received a distribution from their T-DROP accounts.
When are 1099s mailed?
The 1099s are mailed near the end of January.
What is the amount in Box 5?
If you have an amount in Box 5, this is the non-taxable portion of your retirement income. Prior to 1997, member contributions were deducted from member’s salary after tax. Therefore, the taxes have already been paid on a certain amount of your contributions. Upon retirement, ATRS used the IRS Simplified Method to determine the amount that should be excluded annually for tax purposes. This is the difference between Box 1 (Gross Amount) and Box 2 (Taxable Amount).
Why have I not received my 1099?
If you have not received your 1099, it is most likely a result of an incorrect address. If you need to update your address, you may access a Change of Address Form from our website. Once we receive the Change of Address Form and your address is updated, we can re-send your 1099.
Can I receive a duplicate 1099?
Yes. You may contact our office after FEBRUARY 10th to request a duplicate 1099.
If you are receiving a retirement benefit, you may print a copy of your 1099 from your Member Portal. To view the 1099 in your Member Portal, you will first need to register.
Where do I find the amount paid for health insurance?
If ATRS deducts your health insurance premiums from your monthly benefit, the year to date amount paid for health insurance will be listed on your December Direct Deposit Detail you received in the mail near the end of December.
December 20, 2020: December Insurance Premiums for Group Life with AD&D
For retirees currently having insurance premiums withheld from their monthly annuity for Group Term Life/Accidental Death & Dismemberment (AD&D), please be aware that premiums will not be withheld for the month of December.
During this period of time in which deductions will be delayed, there will not be a gap in coverage and deductions will resume in January.
No action is required for your life insurance coverage to continue and an insurance certificate will be supplied when the retiree policy is issued.
If you have general questions, please contact Colonial Life at 855-868-6009 between 7 A.M. to 7 P.M. CST, Monday through Friday. We appreciate your patience during this transition from Minnesota Life to the new insurance provider, Colonial Life.
- November 21, 2019 - Executive Director Update: Thanksgiving and Statewide Meeting Summary
- October 23, 2019 - Executive Director Update: Statewide Meetings on Arkansas Retirement Systems
- October 17, 2019 - Executive Director Update: Statewide Meetings on Arkansas Retirement Systems
- September 30, 2019 - Executive Director Update: Statewide Meetings on Arkansas Retirement Systems
- September 12, 2019 - Executive Director Update: Newly Appointed Trustee for Position #6 - Administrator (Superintendent)
- September 10, 2019 - Executive Director Update: Statewide Meetings on Arkansas Retirement Systems
- August 29, 2019 - Executive Director Update: Statewide Meetings on Arkansas Retirement Systems
- July 10, 2019 - Executive Director Update: Vacancy on ATRS Board - Applications Welcome
- May 1, 2019 - Executive Director Update: May 31st Deadline Reminder
- Public Notice: April 22, 2019 Proposed Rule Changes
- April 8, 2019 - Executive Director Update: ATRS Retirement Planner for 2019
- April 5, 2019 - Executive Director Update: Week Number Twelve of the Legislative Session
- March 29, 2019 - Executive Director Update: Week Number Eleven of the Legislative Session
- March 22, 2019 - Executive Director Update: Week Number Ten of the Legislative Session
- March 15, 2019 - Executive Director Update: Week Number Nine of the Legislative Session
- March 8, 2019 - Executive Director Update: Week Number Eight of the Legislative Session
- March 1, 2019 - Executive Director Update: Week Number Seven of the Legislative Session
- February 22, 2019 - Executive Director Update: Week Number Six of the Legislative Session
- February 15, 2019 - Executive Director Update: Week Number Five of the Legislative Session
- February 8, 2019 - Executive Director Update: Week Number Four of the Legislative Session
- January 31, 2019 - Executive Director Update: Week Number Three of the Legislative Session
- January 25, 2019 - Executive Director Update: Week Number Two of the Legislative Session
- January 17, 2019 - Executive Director Update: Week Number One of the Legislative Session
- Public Notice: 2019 Board of Trustees Election
- October 31, 2018 - Board Chairman Update: ATRS Board unanimously choose Mr. Clint Rhoden as ATRS Executive Director
- October 4, 2018 - Board Chairman Update: Smooth Transition Underway at ATRS
- October 1, 2018 - Executive Director Update: Executive Director Retiring after a Decade at ATRS
- June 6, 2018 - Executive Director Update: ATRS Board Helps Members/ Modifies the Phase-in for T-DROP Annuitization
- May 24, 2018 - Executive Director Update: ATRS will be Open Memorial Day
- April 6, 2018 - Executive Director Update: Retirement/T-DROP Planner 2018
- February 7, 2018 - Executive Director Update: Quality 2019 T-DROP Interest Rates, New Application Window for 2018, and a Market Update
- Public Notice: Board of Trustees Election 2018
- November 13, 2017 - Executive Director Update: ATRS Adopts New Actuarial Assumptions
- July 31, 2017 - Executive Director Update: Lifetime Teaching Licenses for All Eligible ATRS Retirees
- May 23, 2017 - Executive Director Update: ATRS School Hall Meetings Celebrating 80 Years
- May 8, 2017 - Executive Director Update: ATRS is Open Again on Memorial Day to Serve Members
- May 4, 2017 - Executive Director Update: T-DROP Interest Rate for 2017-2018
- April 26, 2017 - Executive Director Update: ATRS Retirement and T-DROP Planner 2017
- April 19, 2017 - Executive Director Update: Final Report on the Regular Session
- April 10, 2017 - ATRS Board Meeting has been rescheduled for April 17, 2017
- March 31, 2017 - Executive Director Update: Week 12 of the General Assembly
- March 24, 2017 - Executive Director Update: Week 11 of the General Assembly
- March 17, 2017 - Executive Director Update: Happy 80th Birthday ATRS and Week 10 of the General Assembly
- March 14, 2017 - Executive Director Update: The Strength of ATRS
- March 10, 2017 - Executive Director Update: ATRS Legislative Package and Week 9 of the General Assembly
- March 3, 2017 - Executive Director Update: ATRS Legislative Package and Week 8 of the General Assembly
- February 24, 2017 - Executive Director Update: ATRS Legislative Package and Week 7 of the General Assembly
- February 17, 2017 - Executive Director Update: ATRS Legislative Package and Week 6 of the General Assembly
- February 10, 2017 - Executive Director Update: ATRS Legislative Package and Week 5 of the General Assembly
- February 3, 2017 - Executive Director Update: ATRS Legislative Package and Week 4 of the General Assembly
- January 27, 2017 - Executive Director Update: ATRS Legislative Package and Week 3 of the General Assembly
- January 20, 2017 - Executive Director Update: ATRS Legislative Package and Week 2 of the General Assembly
- January 13, 2017 - Executive Director Update: ATRS Legislative Package and Week 1 of the General Assembly
- January 6, 2017 - Executive Director Update: Actuarial Status and ATRS Legislative Package
- October 4, 2016 - Executive Director Update: Member Annual Statements 2015-2016
- May 16, 2016 - Executive Director Update: ATRS Open Memorial Day & Deadlines
- April 26, 2016 - Board of Trustees Election Results
- April 5, 2016 - Executive Director Update: ATRS Retirement and T-DROP Planner 2016
- June 12, 2015 - Executive Director Update: The Wonderful Arkansas 529 College Savings Plan!
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