Employer Audits

As a result of identified reporting issues, and the issuance of two governmental accounting standards that require greater responsibility for correct member data GASB 67 and GASB 68, TRS Internal Audit staff began the Employer Audits program to test the accuracy of information provided by reporting employers. To conduct these audits, staff follows guidance issued by the American Institute of Certified Public Accountants (AICPA) related to the implementation of the standards. This guidance emphasizes that pension funds enact controls to ensure the accuracy of member census data provided by reporting employers.

TRS Internal Audit staff test active member census data accuracy. These tests focus on the following data elements: gender; date of birth; date of hire or years of service; eligible compensation; and termination or retirement date.

TRS Internal Audit staff also test member eligibility and compensation for accuracy, completeness, and compliance with TRS Laws & Rules. These tests include determining whether reported information complies with TRS Employment After Retirement requirements.

Reporting data correctly is the responsibility of each reporting employer. Auditing census data is the responsibility of TRS auditors and the reporting employer’s auditors. If your reporting employer is selected for an employer audit, you will be contacted by TRS Internal Audit staff. TRS appreciates your cooperation during this process to ensure requested records are expeditiously collected and provided to SAO auditors.

Additionally, the Texas State Auditor's Office (SAO) conducts site visits to ensure employee payroll and demographic data submitted to TRS is accurate

​Send your comments regarding the Employer Audit Program to Employer Audits.​