Please be reminded that ED40s are to be submitted as follows: in July for employees who have contracts or work agreements that begin in July, in August for employees who have contracts or work agreements that begin in August, in September for employees …
To determine Employment Eligibility for TRS Membership, one requirement is that employment must be for one-half or more of the time required of the standard workload for the same or similar full-time position. The first step to determine if someone meets …
Manual entry adjustments entered in the RE Portal do not update your internal software. You should consider making sure that RE Portal corrections and adjustments are also reflected in your internal software. Why does this matter? This may help with …
As a reminder, anytime an adjustment is submitted that is adding either contributions or surcharges, REs must review their ledger balances to assess if additional funds need to be sent. Below are some examples of different adjustments that can be …
The internal software that you use for TRS reporting is considered the true system of record. What does that mean: Employment dates, contract information and payroll data (for both active employees and retirees) should be stored in your software. Why …
Monthly Contribution Review Each month after Reporting Employers (RE) complete their monthly Regular Payroll and Employment After Retirement reports they must also review their RE Ledger balances. If any balances show a negative, this indicates an amount …
It is very important for REs to submit an ED90 (termination record) for any employees that have terminated all employment. Employment termination can also include retirement or ending employment due to death. An ED90 should be submitted in the final …