- Can banking information be left blank for state agencies?
- Can a district have two different banks accounts tied to specific remittance dates?
In Gemini, you will not be entering a remittance date for contribution payments to TRS. TRS will process payments on a daily basis. Gemini will allow each employer to have as many bank accounts needed to remit payments to TRS. When making payments through Gemini, you can split the payment up by indicating how much should be paid from each bank account.
- Does the Defined Benefit option include the THIS Fund contributions?
Defined Benefit includes payments for all contributions (9 percent, .58 percent, federal fund contributions, member, and employer THIS Fund) and invoiced items. Defined Contribution includes payments for the Supplemental Savings Plan (DC Plan). The “All” option includes both the Defined Benefit and Defined Contribution plans.