Leslie Lovett, Author at MTRS

The MTRS has been working with representatives from the State Comptroller's Office, the Public Employee Retirement Administration Commission (PERAC) and CliftonLarsonAllen, LLP to issue the GASB Statement No. 68 schedules for the fiscal year ended June 30, 2024 to be used by our employer units in their FY2025 financial statements. GASB Statement No. 68 requires the …

You may have noticed delays in the posting of your contributions and creditable service data in your MyTRS Member Self-Service (MSS) account. Please be assured that your contributions and creditable service data, received to date by your district, are securely recorded in our system. However, this information will not appear in your MSS account until the …

1. Employees receiving a lump sum payment?

Ensure employees receiving a lump sum payment are reported with the pay duration of "LS." If needed, update the pay duration field to "LS" in your payroll software prior to exporting your deduction report to ensure that employees are set up correctly.

2. For any lump sum payment that requires …
Read more Tips for year-end deduction reporting

If you were unable to attend our live seminar, the recording is now available to watch on our YouTube channel. Additionally, you can download the presentation slides and see more training videos on our website.

Questions?

Please contact us at …

Author: Leslie Lovett

Current GASB Report for MTRS employers now available

Missing member contribution and creditable service information

Tips for year-end deduction reporting

1. Employees receiving a lump sum payment?

2. For any lump sum payment that requires …
Read more Tips for year-end deduction reporting

Recording of our online Retiree Insurance in MyTRS seminar now available

Questions?

1. Employees receiving a lump sum payment?

2. For any lump sum payment that requires …Read more Tips for year-end deduction reporting

Questions?

2. For any lump sum payment that requires …
Read more Tips for year-end deduction reporting