Monthly Contributions Reconciliation (MCR) deadline

The end of June marks the final deadline of being able to submit a MCR On-boarding form to select a preferred date to on-board to the new process.

If you don’t submit your form with a preferred date by the end of June 2021, you’ll be allocated one of the remaining slots. This is to ensure that everyone can be given dedicated support from our MCR team.

MCR has numerous benefits to both you and your teaching staff, including: -

  • It brings three current processes into one
  • There are only three additional fields to complete
  • It eliminates the chance of arrears
  • It helps to create more reliable Benefit Statements for members
  • It reduces corrections in the future or queries when a member retires
  • It’ll remove the need for concurrent service.

Watch our video (This link opens in a new window) to understand the benefits of MCR and then complete and return your On-boarding form to us today to make sure you get the date that works best for you.

If you want to discuss your on-boarding options, why not email our MCR Team or call them on 0345 3003756 (option 4).

Last Updated: 22/06/2021 12:25