Search results

Certain higher education employees may be eligible to make a one-time, irrevocable election to participate in the Optional Retirement Program (ORP) in lieu of membership in TRS. Eligibility to participate in ORP is determined by the employing higher …

Limits on Prior Fiscal Year Corrections Corrections to TRS membership accounts are limited, so it’s important to address them as soon as possible. Please review any potential corrections and send the necessary information to your TRS coach promptly so a …

Resolving RE Ledger Shortages Has this happened to you?   All of the Regular Payroll (RP) or Employment After Retirement (ER) record errors have cleared, but an error message remains for an outstanding balance.  Below are some recommendations for …

Employees nearing retirement from TRS may present their Reporting Employer (RE) with a TRS 587 – Certification of Unused State Sick and/or Personal Leave and ask the employer to complete the certification. This form is not accepted by TRS earlier than 30 …

As a calendar year draws to a close, REs may have some individuals who are retiring midyear. Here are some items to keep in mind as you close out these employees and prepare to submit their retirement certification. Also included are some reminders for …

As a part of the full payroll reporting requirement, TRS expects a record for each employee for every month of their contract. This helps to ensure that the employee’s information is being reported accurately and that each member’s annual statement is …

The Governmental Accounting Standards Board (GASB) requires TRS to have sufficient controls to ensure our REs will report complete and accurate data. As part of this initiative, if records are deleted from your monthly Regular Payroll (RP) or Employment …

The purpose of the RP25 records are to adjust a previous month’s compensation, time worked and/or contribution. An RP25 record is used to add, edit or delete previously reported data. RP25s can be added on a current month report or can be added on a …