All employer and member contributions must be remitted to TRS via the Comptroller’s TEXNET system. TRS cannot accept employer contributions via check or wire transfer from Reporting Employers (RE). The TEXNET Instructions provided by the Comptroller’s office help guide REs through using the payment system. The TEXNET Training on the TRS website provides more details regarding the names of the contributions on the Comptroller and TRS systems, as well as the due dates for remitting the payment. Please use extreme caution when remitting the payment to ensure the contributions are submitted on the correct line.
All TEXNET payments must be remitted by the due date to avoid penalty interest. A payment submitted on the due date before the cutoff time is considered on time if the settlement date on the payment is not changed.
Exception
Proportionality funds from Higher Education REs must be remitted through the USAS system. Any proportionality funds remitted through the TEXNET system will not be allocated appropriately.