general:balancing_on-behalf_amounts
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| Both sides previous revisionPrevious revisionNext revision | Previous revision | ||
| general:balancing_on-behalf_amounts [2020/01/20 20:40] – emoreno | general:balancing_on-behalf_amounts [2020/01/20 20:46] (current) – emoreno | ||
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| Total TRS Gross from the Payroll Earnings Register (Pay Frequency 6 and 5) x TRS Rates (State Contribution 7.5% + Federal TRS-Care 1.25% = .0875) = **Expected On-Behalf Amount** | Total TRS Gross from the Payroll Earnings Register (Pay Frequency 6 and 5) x TRS Rates (State Contribution 7.5% + Federal TRS-Care 1.25% = .0875) = **Expected On-Behalf Amount** | ||
| + | **Example**: | ||
| |Total TRS Gross from the Payroll Earnings Register (Pay Frequency 6 and 5)|multiplied by TRS Rates|Expected On-Behalf| | |Total TRS Gross from the Payroll Earnings Register (Pay Frequency 6 and 5)|multiplied by TRS Rates|Expected On-Behalf| | ||
| |$5, | |$5, | ||
| Line 23: | Line 23: | ||
| - | + | **Example**: | |
| |Expected On-Behalf Amount|minus Statutory Minimum (TRS 373/ | |Expected On-Behalf Amount|minus Statutory Minimum (TRS 373/ | ||
| |$438, | |$438, | ||
| Line 34: | Line 34: | ||
| Small differences can be attributed to rounding. | Small differences can be attributed to rounding. | ||
| - | |||
general/balancing_on-behalf_amounts.1579552846.txt.gz · Last modified: 2020/01/20 15:40 (external edit)