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Employers Manual
Annual Reporting
Reconciling Payroll Reports to Annual Reports
After STRS Ohio receives the Annual Report, we will compare
the total member contributions to fiscal year payroll reports to ensure
that contributions reported on the Annual Report agree with
payroll reporting.
Annual Report = fiscal year payroll reports – prior year accrued contributions + current year accrued contributions +/– adjustments.
For example, a district’s 2007–2008 Annual Report member contribution total is $200,000. This total is reconciled to payroll reports as follows:
2007–2008 payroll reports = $190,000
2006–2007 accrued contributions = $30,000
2007–2008 accrued contributions = $40,000
$190,000 – $30,000 + $40,000 = $200,000
You must provide accrued contribution information in the Annual Report. Accrued contributions are member contributions earned by June 30 but not paid until July and August.
