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general:humanresources:checklists:firstpayrolloftheschoolyearchecklist:trsrates

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general:humanresources:checklists:firstpayrolloftheschoolyearchecklist:trsrates [2022/05/24 20:25] – old revision restored (2022/05/24 12:45) emorenogeneral:humanresources:checklists:firstpayrolloftheschoolyearchecklist:trsrates [2025/09/03 16:31] (current) – emoreno
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-====Verify TRS rates====+======Verify/update next year TRS rates====== 
 +<div keep> 
 +<color #ed1c24>**Log on to the CYR payroll frequency.**</color> 
 +</div>
  
-<color #ed1c24>**Log on to the current year pay frequency.**</color>+[[payroll:tables:taxdeductions:trsrates|Payroll > Tables > Tax/Deductions > TRS Rates]]
  
 +Update the TRS rates. 
  
-[[payroll:tables:taxdeductions:trsrates|Payroll > Tables > Tax/Deductions > TRS Rates]] +<WRAP center round alert> 
-  +**CAUTION**: Be sure to retrieve the 2026 school year data prior to updating this tab. 
-Verify that you are in the correct school year. +</WRAP> 
 + 
 + 
 +<WRAP center round important> 
 +**IMPORTANT**: Be sure to visit the TRS website: https://www.trs.texas.gov/Pages/re_contribution_rates.aspx to obtain the updated rates for the next school year, and then return to this table to update the new rates.    
 +</WRAP> 
 + 
 +{{:general:eoypayverify1_trsrates.jpg|TRS Rates Tab}}
  
-{{:general:step_12_first_py_of_sy_trs_rates.png|TRS Rates Tab}} 
  
 +To create a new TRS rates record:
 +  * Type the new year (2026) and click **Retrieve**. A message is displayed indicating that the new record is populated based on the prior year's (2025) TRS rates record.
 +  * Complete the applicable fields.
 +  * Click **Save**.
  
-VCV If not, in the **School Year** field, type 2023 and click **Retrieve** to create a new TRS rates record. A message is displayed indicating that the new record is populated based on the prior year record. 
  
-VCV Verify the accuracy of the rates.  
  
-VCV Make the necessary updates and click **Save**. 
general/humanresources/checklists/firstpayrolloftheschoolyearchecklist/trsrates.1653423921.txt.gz · Last modified: 2022/05/24 15:25 (external edit)

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