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Trace: • (Optional) Assign credit card codes to users • Depreciation Distribution Fund Rollover - BAM6000 • assetmanagement_search_for_items • Extract - HRS8300 • Balancing On-Behalf Amounts
general:balancing_on-behalf_amounts

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general:balancing_on-behalf_amounts [2020/01/20 20:22] – emorenogeneral:balancing_on-behalf_amounts [2025/09/08 15:58] (current) – emoreno
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-403558.80=====Balancing On-Behalf Amounts=====+=====Balancing On-Behalf Amounts=====
  
 <WRAP Box> <WRAP Box>
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 **Expected On-Behalf Amount Calculation** **Expected On-Behalf Amount Calculation**
    
-Total TRS Gross from the Payroll Earnings Register (Pay Frequency 6 and 5) x TRS Rates (State Contribution % + Federal TRS-Care %) = **Expected On-Behalf Amount**+Total TRS Gross from the Payroll Earnings Register (Pay Frequency 6 and 5) x TRS Rates (State Contribution 8.25% + Federal TRS-Care 1.25% = .0950) = **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| 
 +|$|x .0950|= $| 
    
    
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- +**Example**: 
 |Expected On-Behalf Amount|minus Statutory Minimum (TRS 373/HRS4000)|Difference| |Expected On-Behalf Amount|minus Statutory Minimum (TRS 373/HRS4000)|Difference|
-|$403,558.80|- $95,731.20*| | +|$|- $*| | 
-| |minus Federal TRS (TRS 3)*\\  \\  - $31,599.72| | +| |minus Federal TRS (TRS 3)*\\  \\  - $| | 
-| |minus Federal TRS-Care (TRS 489)*\\  \\  - $4,771.00| | +| |minus Federal TRS-Care (TRS 489)*\\  \\  - $| | 
-| |minus New TRS Member Pension Contribution\\  \\  - $1,419.26| | +| |minus New TRS Member Pension Contribution\\  \\  - $| | 
-| |minus Actual TRS On-Behalf Report (HRS4150)\\  \\  - $270,038.07| | +| |minus Actual TRS On-Behalf Report (HRS4150)\\  \\  - $| | 
-| | |= ($0.45)|+| | |= ($)|
    
  
 Small differences can be attributed to rounding. Small differences can be attributed to rounding.
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general/balancing_on-behalf_amounts.1579551764.txt.gz · Last modified: 2020/01/20 15:22 (external edit)

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