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general:quickview:nextyearpayroll:step7

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general:quickview:nextyearpayroll:step7 [2024/03/01 15:56] emorenogeneral:quickview:nextyearpayroll:step7 [2025/04/08 18:22] (current) emoreno
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-Retrieve the FICA rates for the 2024 calendar year and print a copy for reference. Then, retrieve the 2025 calendar year record and manually enter the 2024 rates for 2025 and click **Save**. +Retrieve the FICA rates for the 2025 calendar year and print a copy for reference. Then, retrieve the 2026 calendar year record and manually enter the 2025 rates for 2026 and click **Save**. 
  
 <WRAP center round alert> <WRAP center round alert>
-**CAUTION**: Be sure to retrieve the 2025 school year data prior to updating this tab.+**CAUTION**: Be sure to retrieve the 2026 year record prior to updating this tab.
 </WRAP> </WRAP>
  
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 <WRAP center round alert> <WRAP center round alert>
-**CAUTION**: Be sure to retrieve the 2025 school year data prior to updating this tab.+**CAUTION**: Be sure to retrieve the 2026 data prior to updating this tab.
 </WRAP> </WRAP>
  
  
 <WRAP center round important> <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.   +**IMPORTANT**: Be sure to visit the following TRS websites: https://www.trs.texas.gov/Pages/re_contribution_rates.aspx and https://www.trs.texas.gov/Pages/re_salary_cap_provision.aspx to obtain the updated rates for the next school year, and then return to this table to update the new rates.   
 </WRAP> </WRAP>
  
-<WRAP box>**Note**: The below image displays the TRS rates for the 2023-2024 calendar year. This image will be updated to reflect the TRS rates for the 2024-2025 calendar year as soon as they are published.+<WRAP box>**Note**: The below image displays the TRS rates for the 2024-2025 calendar year. This image will be updated to reflect the TRS rates for the 2025-2026 calendar year as soon as they are published.
 </WRAP> </WRAP>
  
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-VCV To create a new TRS rates record, type the new year (2025) and click **Retrieve**. A message is displayed indicating that the new record is populated based on the prior year's (2024) TRS rates record, click **Save** to retain the record. +VCV 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, click **Save** to retain the record. 
  
 VCV Complete the applicable fields. This information is used when performing calculations and extracts to Budget. VCV Complete the applicable fields. This information is used when performing calculations and extracts to Budget.
general/quickview/nextyearpayroll/step7.1709308614.txt.gz · Last modified: 2024/03/01 15:56 by emoreno