Post on 11-Jul-2020
employer_education@strsoh.org 1
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Annual Reporting for ESS Users
50-373, 6/20
GoToWebinar
employer_education@strsoh.org 2
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
• Annual report availability and due date
• Completing your annual report
• Additional reporting requirements
Agenda
• July 1 — Annual reports available in ESS
• First Friday in August — Annual reports due (no extensions granted)
• Due date — Aug. 7, 2020
Availability and Due Date
employer_education@strsoh.org 3
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
What to Include in the Report
• Name
• Social Security number
• Total contributions (taxed or tax-deferred)
• Accrued contributions
• Service credit (active members only)
• Member type (active or reemployed retiree)
• Earned by June 30; paid after July 1
• Only payments made in July and August
Accrued Contributions
July 2019
Aug 2019
Sept 2019
Oct 2019
Nov 2019
Dec 2019
Jan 2020
Feb2020
Mar 2020
Apr 2020
May 2020
June 2020
July 2020
Aug 2020
$3K $3K $4K $4K $4K $4K $4K $4K $4K $4K $4K $4K $4K $4K
Contract Payment Period
Accrued
employer_education@strsoh.org 4
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Service Credit
Accessing Your Annual Report
Annual Report 1
employer_education@strsoh.org 5
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Accessing Your Annual Report
Click “Actions” in the annual report row and select “Edit.”
06/30/2020 Work Report: Jul-202007/01/2020
06/30/2020 Payroll: 2020-06-30
Completing Your Annual Report
employer_education@strsoh.org 6
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Deanna, Deanna:• Full-time teacher
• $52,000 base contract
• $0 supplemental earnings
• 184 days worked
• First day worked: Aug. 12, 2019
• Last day worked: June 3, 2020
Test Your Knowledge
Payroll (Full Time) for Deanna, Deanna
Pay Date Amount Accrued
7/3/19 $0.007/17/19 $0.007/31/19 $0.008/14/19 $0.008/30/19 $280.009/13/19 $280.009/27/19 $280.0010/11/19 $280.0010/25/19 $280.0011/18/19 $280.0011/22/19 $280.0012/6/19 $280.0012/20/19 $280.001/3/20 $280.001/17/20 $280.00
Pay Date Amount Accrued
1/31/20 $280.002/14/20 $280.002/28/20 $280.003/14/20 $280.003/28/20 $280.004/11/20 $280.004/25/20 $280.005/9/20 $280.005/23/20 $280.006/6/20 $280.006/20/20 $280.007/3/20 $280.00 Y7/18/20 $280.00 Y8/1/20 $280.00 Y8/15/20 $280.00 Y
employer_education@strsoh.org 7
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Pretax Contributions
Calculate Pretax ContributionsBase contract amount $52,000x Member contribution rate x 14%Pretax contributions $7,280
Accrued Contributions
Step 1 — Calculate Accrued Earnings
Base contract amount $52,000– Contract earnings paid by June 30 – 44,000Accrued earnings $8,000
Step 2 — Calculate Accrued Contributions
Accrued earnings $8,000x Member contribution rate x 14%Accrued contributions $1,120
employer_education@strsoh.org 8
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Completing Your Annual Report
$7,280.00 $1,120.00 1.00
Cheryl, Cheryl:• Part-time substitute
• Nine days worked
Test Your Knowledge
employer_education@strsoh.org 9
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Payroll (Part Time) for Cheryl, Cheryl
Pay Date Amount Accrued
7/3/19 $0.007/17/19 $0.007/31/19 $0.008/14/19 $0.008/30/19 $0.009/13/19 $0.009/27/19 $0.0010/11/19 $0.0010/25/19 $25.0011/18/19 $0.0011/22/19 $0.0012/6/19 $0.0012/20/19 $0.001/3/20 $25.001/17/20 $0.00
Pay Date Amount Accrued1/31/20 $0.002/14/20 $0.002/28/20 $25.003/14/20 $0.003/28/20 $0.004/11/20 $0.004/25/20 $25.005/9/20 $0.005/23/20 $0.006/6/20 $0.006/20/20 $0.007/3/20 $0.00 Y7/18/20 $0.00 Y8/1/20 $0.00 Y8/15/20 $0.00 Y
Completing Your Annual Report
$7,280.00 $1,120.00 1.00
$100.00 0.06
employer_education@strsoh.org 10
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Completing Your Annual Report
$7,280.00 $1,120.00 1.00
$100.00 0.06
$5,408.00 $416.00 R
Submitting Your Annual Report
07/01/2020 06/30/2020
06/30/2020
Work Report: Jul-2020
Payroll: 2020-06-30
218496752218496752
20
employer_education@strsoh.org 11
STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
• Service credit verification report
• Accrued verification report
Additional Reporting Requirements
We’re here to assist you• Call toll-free: 888-535-4050
• Send an email: report@strsoh.org
• Visit our website: www.strsoh.org/employer
Resources Available
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STATE TEACHERS RETIREMENT SYSTEM OF OHIO Annual Reporting for ESS Users
Thank you for participating!• This webinar is available in the Education & Training
section of the employer website
• If you have additional questions about annual reporting, please email report@strsoh.org
Annual Reporting in ESS
Click “File” on the control panel and select “Exit — Leave Webinar”
Exiting the Webinar