William Culbert - MTRS - Page 6

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

Thank you to those who attended our R+ special election employer training. The recording is now available if you would like to listen to it again or if you missed the seminar. Additionally, you can download the presentation slides of the training.

Read more Recording of the May 23 RetirementPlus (R+) employer seminar now available

MyTRS has been updated to allow employers and the Employer Services Unit (ESU) team to cancel EFT payments that have not yet been processed. You can now cancel payments that you have submitted until 6:45pm on the day the EFT was added to MyTRS. Payments cannot be canceled in MyTRS once they have been transmitted to …

Read more Changes to the EFT payments functionality in MyTRS

1) Important: Send all group insurance rate changes for July 2023 premiums by 6/2/2023 for processing

The MTRS has temporarily hidden the Add Rates and Edit Rates buttons on the Insurance Rates screen in MyTRS. We are still working with our vendor to develop validations to prevent plan price changes from triggering billing errors. Thus, employers cannot add plan rates or edit plan rates at this …

Read more Retiree Insurance–MTRS will process plan rate changes