September 11, 1997

To: All UPS Agencies
From: Ronald S. Mitchell, Director
Subject: Teachers' Retirement Contribution Amount

Teachers' Retirement System (RT02, RT03, RT17, RT18 and RT19) has notified OSUP that, according to La. R.S. 11:70(9), premium pay, overtime, and cash housing allowances should be considered as retirement wages; therefore, contributions should be made based on these amounts. UPS automatically considers overtime as retirement wages and calculates retirement contributions for this amount. Due to the fact that all payments identified in UPS as premium or miscellaneous income are not subject to retirement contributions for Teachers', UPS will not automatically consider payments for premium pay and cash housing allowances as retirement wages. Agencies must process an adjustment (ADJXX) when these payments are made to employees.

If you have any questions or have paid premium pay or cash housing allowances to employees under Teachers' Retirement System, please contact a member of the User Services Unit at (504):

	 Colette P. Anderson 342-5344        Frank Roberts  342-5357
     	 Stacey Guilbeau     342-5377        Cheryl Bunch   342-5950
     	 Tara LeBlanc        342-5345


c: Bonita B. Brown, TRSL

| Division of Administration Home Page | Info Louisiana Home Page |OSUP Home Page |