Employers
Employers provide a vital link between members and TRS. They forward member and employer contributions, report member earnings, member service credit information, and disseminate information about TRS to more than 159,000 active members. Information provided by employers determines the members' current service credit, creditable earnings, and retirement contributions.
Employer Spotlight
Excess Salary Increase Calculator
On June 4, 2018, Public Act 100-0587 was signed into law lowering the 6 percent threshold for end of career salary increases to 3 percent after July 1, 2018. You were notified about this change in Employer Bulletin 18-16. The Excess Salary Increase Calculator has been updated as a result of Public Act 100-0587. The calculator can now be used to estimate employer costs for salary increases over both 6 percent and 3 percent. View the revised calculator here.
2018 Employer Informational Seminar Videos
All of the 2018 Employer Informational Seminars have been completed. Thank you to all who attended this year. On June 6, the seminar was recorded and the three videos can be viewed on YouTube using the following links.
1 of 3: https://www.youtube.com/watch?v=V3xbzzLAfNc
2 of 3: https://www.youtube.com/watch?v=thS3C65QYwg
3 of 3: https://www.youtube.com/watch?v=OrMLgjy0VTE
Federally-funded Salary Rate for 2018-19 School Year
The employer TRS rate on federally-funded salaries for the 2018-19 year has been reduced from 10.10 percent to 9.85 percent. The change in rate is effective July 1, 2018.
