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September 2023 Update
September 2023 Update … 1 0 0 0 R E D R I V E R S T R E E T | A U S T I N , T E X A S | 7 8 7 0 1 - 2 6 9 8 • 1 . 8 0 0 . 2 2 3 . 8 7 7 8 • B R I A N K . G U T H R I E | E X E C U T I V E D I R E C TO R 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 …
Update - September 2022
Update - September 2022 … CRITICAL TIP FOR REPORTING TIME WORKED The start of the new fiscal year is an opportunity to review Reporting Employer (RE) processes and ensure that your data is being reported correctly. The most common error that we encounter …
October 2023 Update
October 2023 Update … 1 0 0 0 R E D R I V E R S T R E E T | A U S T I N , T E X A S | 7 8 7 0 1 - 2 6 9 8 • 1 . 8 0 0 . 2 2 3 . 8 7 7 8 • B R I A N K . G U T H R I E | E X E C U T I V E D I R E C TO R 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 …
Update - October 2022
Update - October 2022 … LIMITS ON PRIOR FISCAL YEAR CORRECTIONS Five years ago, we began using the Reporting Employer (RE) Portal. With the transition, it’s important to note, we are limited on corrections that can be made to reporting for prior years. …
November 2023 Update
November 2023 Update … 1 0 0 0 R E D R I V E R S T R E E T | A U S T I N , T E X A S | 7 8 7 0 1 - 2 6 9 8 • 1 . 8 0 0 . 2 2 3 . 8 7 7 8 • B R I A N K . G U T H R I E | E X E C U T I V E D I R E C TO R 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 …
Update - November 2022
Update - November 2022 … EVALUATIONS: TRS ELIGIBILITY AND EMPLOYMENT CONTRACTS The most common errors on the TRS Regular Payroll (RP) report are related to verifying TRS eligibility for employees. Errors may occur depending on the number of hours an …
Update - November 2021
Update - November 2021 … REMINDER TO REVIEW LEDGER BALANCES TRS is seeing increased cases of Reporting Employers (REs) not clearing monthly contribution balances due to TRS. We highly recommend all REs review ledger balances after bringing their monthly …
Scope of SAO Audits (pdf)
Scope of SAO Audits (pdf) … Independent Auditor’s Report In our audit report dated November 20, 2023, we concluded that the Teacher Retirement System’s (System’s) basic financial statements for fiscal year 2023 were materially correct and presented in …