TRS is closed Friday, July 3 for Independence Day. Normal operations will resume Monday, July 6. You can find 24/7 resources on the MyTRS member portal.
The start of each new fiscal year is a great time for Reporting Employers (RE) to review their processes and ensure accurate data reporting. The most common error involves how REs submit time worked on monthly reports.
Non-TRS Retirees
For active employees, the time worked and reported in the monthly Regular Payroll (RP) report must reflect the actual work performed in the report month, not the compensation paid. Incorrect reporting can prevent a TRS member from earning a creditable year of service with TRS.
Example: If an employee works in August but does not receive compensation until September. August RP20 should report the time worked in August, and September RP20 should report the time worked in September along with the compensation paid.
Month
Aug. RP20
Sept. RP20
Days
21
20
Hours
168
160
Compensation
$0
$5000
TRS Retirees
The same expectation is required when reporting time for all TRS retirees. Your monthly Employment After Retirement (ER) record should reflect the actual time worked within that month, not the compensation they received. TRS uses this data to determine if employer surcharges are due. Therefore, it’s important your employer is only reporting actual time worked or paid leave within the report month. Incorrect reporting can lead to overreported surcharges and affect a retiree’s annuity payment.
Example: Retiree worked more than the half-time limit in August and September but received compensation in September and October, the surcharges would only be triggered in the months that the retiree exceeded half-time limits. No surcharges are due in October, even if the compensation was earned in a previous month the retiree exceeded the half-time limits.