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March 2020 Update
March 2020 Update … HOW TO DEFINE FULL-TIME EQUIVALENT For TRS purposes, we define the Full-Time Equivalent (FTE) as the number of hours per week that an employee must work to be considered full time in a particular position. Generally, a full-time …
January 2021 Update
January 2021 Update … TRS OFFERING VIRTUAL TRAININGS FOR TRS REPORTING This spring, TRS will be offering virtual training options for Reporting Employer (RE) personnel. While the trainings will be targeted toward specific audiences, anyone may register …
GASB 75 Sample Journal Entries 2023
GASB 75 Sample Journal Entries 2023 … C. GASB 75 FY 2024 Journal Entries Measurement Year Ended 8/31/23 Example: Abbott ISD RE# 0300 See T Accounts J.E. # J.E. Date Description Debit Credit ① 8/31/2024 Source Document: Prior Year Journal Entry Dr. …
January 2020 Update
January 2020 Update … REPORTING MID-YEAR POSITION CHANGES Employee position changes often occur in the middle of the year. For TRS reporting purposes, it’s important to report the changes to TRS in the report period the change occurred. Submitting your …
RE Ledger: Balancing with TRS (Spring 2021)
RE Ledger: Balancing with TRS (Spring 2021) … Spring 2021 RE Ledger: Balancing with TRS Disclosure This presentation is intended as a high-level overview of TRS Laws and Rules related to reporting. This presentation should not be viewed as a comprehensive …
TEXNET
TEXNET … TEXNET Texas Network for Electronic Transfers • The TEXNET System is a function of the State Comptroller. • All report payments (deposits) made to TRS are transmitted to the State Comptroller through electronic funds transfer. • Two methods of …
SAO Census Data Testing Procedures
SAO Census Data Testing Procedures … Robert E. Johnson Building Phone: (512) 936-9500 1501 North Congress Avenue P.O. Box 12067 Fax: (512) 936-9400 Austin, Texas 78701 Austin, Texas 78711-2067 Internet: www.sao.texas.gov SAO Report No. 20-011 A Report on …
Active Employee View Employee Information Screens
Active Employee View Employee Information Screens … October 2023 T E A C H E R R E T I R E M E N T S Y S T E M o f T E X A S View Employee Information Active Employees 2 Results displayed on the View Employee Information screen are based on the most …