TX TRS how is Elig Comp From Federal Grants calculated

Description of Issue
  • How does the TX TRS program know which funds to pull in as Eligible Compensation Paid from Federal Funds/Private Grants?
  • How does the TRS Report Generate calculate federal compensation?
Context
  • Payroll
  • Texas
  • TX TRS Report
  • TX Federal Funds Maintenance
Cause


Resolution

NOTE: The Federal Fund/Private Grant contribution is not collected for new employees in their first 90 days and the Generate will calculate a $0 contribution amount for these employees.  The Federal TRS-Care Contribution is collected for new employees and will calculate the amount based on the federal compensation amount and the value in the Federal TRS-Care field on the Contribution Rates tab of the TRS Generate screen. 

Additional Information