STRSAD.RPT/STRSAD.TXT | ||||||||||||||||||||||
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Employee Name | USPSCN/BIOSCN, Name fields. | |||||||||||||||||||||
Soc-Sec-Num | USPSCN/BIOSCN, SSN field. | |||||||||||||||||||||
Credit | Uses STRS Decision Tree. Based on full or part-time flag on the 450 DEDSCN record Employees flagged as full-time must have at least 120 service days to be granted a full year of service credit toward retirement. For employees flagged as full-time and did not work 120 days, or is considered part-time, the service credit is calculated as follows:
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STRS Days |
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Earnings | Calculated by taking the FYTD gross amounts from the 450 record PLUS the amounts earned but not yet paid to the employee. Advanced earnings are calculated as follows: Obligation Pay per Period -Amt. Paid AND X Remaining Number of Pays -Dock _________________________________________________________________________________ Remaining to Pay Remaining to Pay Based on Pay/Period Obligation This can be inflated if an employee has 691 deduction record and fringe benefit extra compensation. The earnings are not reported to STRS. | |||||||||||||||||||||
Deposit/Pickup | FYTD total deducted amount listed on the 450, 591 and 691 deduction records. This amount does not include contributions on amounts earned but not yet paid. | |||||||||||||||||||||
Advanced Amount | Calculates retirement amount on summer pays on a per pay basis per job as follows
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Total Taxed + Non-Taxed | Amount deposited with STRS during fiscal year PLUS amount of contributions on earnings that have not yet been paid. This amount can be inflated if there are 691 records. |