Category: Employer News
As you know, there are federal and state limits on the amount of pensionable earnings ("regular compensation") that can be used in computing benefits for active members of public retirement systems with effective membership dates after 12/31/1995.
For any members with effective membership dates after 12/31/1995 or 1/1/2011, do not take MTRS …
Active member deduction reporting: Add your 2020 payroll calendar(s) in MyTRS
As the busy holiday and W-2 seasons approach, now is an ideal time to add your 2020 payroll calendar(s) in MyTRS.
Two critical reminders when adding your 2020 calendar(s):
- Do not delete or overwrite any of your previous years' calendars. Please follow the exact steps in the Guided Practice to preserve previous payroll calendars, which our …
Read more Active member deduction reporting: Add your 2020 payroll calendar(s) in MyTRS
MTRS Board election now underway
As we mentioned in our e-mail of July 31, 2019, we are now conducting an election for the two members of the Board who are elected by the active and retired members of our system. This election is held once every four years.
If any of your employees who are MTRS members believe …
Active member reporting, new MyTRS feature: Ability to return reports to “Initial” status
We are excited to announce a new feature in MyTRS that allows your district's Employer Services Representative to return a deduction report in "Pending" status back to "Initial" status in order for you to be able to make required corrections or adjustments. If your report has been returned, the "Date Rejected" field in MyTRS will …
Read more Active member reporting, new MyTRS feature: Ability to return reports to “Initial” status