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Employers Manual
Deposit & Service Report
Earnings
Line 1: is the compensation
earned by the teacher during the fiscal year under the most recent regular contract.
For the classroom teacher, this may be total earnings during the fiscal year.
However, this amount may be only a portion of total earnings for teachers employed
on contracts extending beyond the regular school year or for teachers with supplemental
contracts or summer employment.
Line 2: is the current year’s earnings that were paid to complete the previous school year’s contract. For many administrators, the contracted service period does not correspond to the STRS Ohio fiscal year: part of the individual’s earnings under contract may be recorded in one STRS Ohio fiscal year while the balance of the contract is reported as earnings in a different fiscal year.
Line 3: is any amount reported in the current year but actually earned in the prior fiscal year. Earnings are occasionally reported to STRS Ohio in fiscal years other than those in which they were earned. In these situations, an adjustment must be made in the retirement benefit calculation.
Line 4: is used to record any supplemental earnings paid in addition to the regular contract, including summer earnings under a separate contract. List and describe each supplemental earning and indicate the amount earned.
Line 5: is used for pickup amounts only if pickup is included in compensation for retirement purposes.
Line 6: is the total member earnings (sum of lines 1 through 5).
