Coming Soon: Minimum Payment Implementation for 2019

December 10, 2018

Beginning January of 2019, a twenty-five dollar minimum compensation payment will be implemented. What this means is, if your payment does not reach the minimum at the end of the pay period, that payment will carry over and pay out when your balance reaches twenty-five dollars. If you do not accumulate the minimum over a 12 month payment period, the balance forward amount will be released on or before December 31st.

Please note, you will continue to receive compensation statements irrespective of the dollar amount that has been accumulated, but once this minimum payment goes into effect, your statement will show a “balance forward”, indicating a compensation payment has been carried over to a following pay period.

Questions?
Please contact Securian’s Compensation Department at 1-877-494-1715.
 

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