Deposit & Service Report
Contract Information
Line 13: should indicate the position held by the member during the fiscal
year.
Line 14: should be the most recent contract salary.
The contract salary is the amount the individual would have earned if employed
for the entire contract year, excluding supplemental earnings. If
the member was granted a raise during the fiscal year, the reported contract
salary should be the combined total of the two rates of pay for that year.
Line 15: should indicate the month and day service was contracted to
begin and end. Also indicate the number of days of service in
full contract. The information shown should be for the entire term of the contract,
whether or not the individual actually completed the contract.
Line 16: should show the percentage increase generally granted
to teaching members in the current contract year over the preceding year. In accordance with Section 3307.501, Revised Code, the maximum allowable percentage
increase in compensation for the two highest years (and any subsequent partial
years) is limited to the greater of:
- the individual member’s highest percentage increase in the preceding
three years, or
- the percentage increase generally applicable to all STRS Ohio members employed
by the same employer.
The percentage shown on this line will be compared to
the individual’s increases in the three preceding years to determine
maximum allowable compensation to be used in calculating the final average
salary (FAS).