To comply with IRS regulations, STRS Ohio is required annually to identify members who have reached the age of 70-1/2 and are not actively employed in an STRS Ohio-covered position. As required by law, members meeting these criteria must withdrawal their accounts or begin receiving a required minimum distribution (RMD) as part of a monthly annuity.
Employers may receive a request before the end of the year to complete reemployed retiree certification reports to confirm those identified individuals are no longer working. STRS Ohio needs your assistance in providing final contributions and pay date information. In the past, these reports have always been mailed to employers. (See sample of last year's report below.)
In an effort to reduce paper and complete the process in a timely and efficient manner, employers will be asked to complete this certification online in ESS. To assist you, STRS Ohio provides a tutorial that can be found in the Education & Training section of the website. Step-by-step instructions including screenshots are also available in the ESS Instructions.
The Social Security Protection Act requires state and local government employers, hiring for jobs not covered under Social Security, to notify new hires about how public employment will affect Social Security benefits. One of the required forms that must be submitted to STRS Ohio after hiring an individual is a Statement Concerning Your Employment in a Job Not Covered by Social Security, also known as an SSA-1945 form. Employers can submit this form to STRS Ohio by scanning and uploading the form to our website via secure file upload, mail or fax. View the SSA-1945 forms upload instructions.
Members may purchase service credit for certain types of service to increase retirement income or enable the member to retire sooner. Pursuant to Section 3307.70 of the Revised Code, members may make the purchase through a payroll deduction plan through their employer for some types of purchasable service credit. Employers can offer an after-tax plan, a tax-deferred plan or both. Regardless of the plan, it is important employers understand the process that must be followed when offering either plan for purchasing service credit.
If you have any questions about payroll deduction plans, please contact the STRS Ohio Employer Reporting Department toll-free at 888‑535‑4050 or send an email to [email protected].
STRS Ohio offers group education workshops, hands-on training, tutorials and webinars to help you meet STRS Ohio reporting requirements. You will receive a registration email on Nov. 14 for the Preparing for Midyear Retirements webinar on Dec. 6 and 15. The 2017 Education Opportunities are shown below. You will receive an email from STRS Ohio Employer Education when registration for each event is available. Click here for a PDF version of the 2017 Education Opportunities.
This is a comprehensive workshop for new college and university personnel. Topics include membership, compensation, alternative retirement plan reporting, payroll reporting, service credit calculation, annual reporting, retirement reporting, account withdrawal, purchasing leaves of absence and reemployed retiree information. Registration begins Feb. 13.
This K–12 workshop focuses on fall reporting processes including membership, compensation, employer pickup, payroll reporting and purchasing leaves of absence. It is recommended for new personnel or those needing a refresher. Registration begins July 10.
These individualized help sessions are for personnel experiencing difficulty completing retirement reports. Each registered participant will receive 45 minutes of individualized instruction with an STRS Ohio education coordinator or employer advisor. To participate, employers must have members retiring between April and August. Registration begins April 3.
This training offers personalized assistance to help you navigate our Employer Self Service (ESS) online reporting system. Participants review in-depth ESS instructions for most functions and complete hands-on practice exercises online during class. These half-day sessions are held at STRS Ohio.
Registration begins Jan. 30
Registration begins Oct. 9
Registration begins May 1.
Registration begins May 1.
Registration begins Aug. 7.
Yes, contributions should be remitted on a state report card bonus. The important thing to remember is that your staff has earned this bonus as a result of work performed in the previous school year. This means the contributions are on earnings for the 2015–2016 fiscal year even though you may not be paying the bonus until the fall of the next fiscal year (2016–2017). As a result, contributions must be withheld at the 13% member contribution rate that was in effect at the time the money was earned.
STRS Ohio recommends submitting a separate payroll file listing only the contributions on the bonus. (Do not combine the amounts with regular payroll amounts for the pay period on the report submission to STRS Ohio.) The reason it is best to submit a separate file is because a backposting adjustment will also be required. The purpose of the backposting is to adjust last year’s annual report totals. If you submit a separate file for the bonus contributions and send an email to [email protected] indicating you are preparing to send the file, STRS Ohio can create the backposting file for you. However, if the bonus contributions are included with a regular bi-weekly 2016–2017 fiscal year payroll report, then you will be responsible for creating your own backposting file or entering the figures for each individual manually on ESS.
If you have additional questions, please contact your employer advisor at 888‑535‑4050 or send an email to [email protected].
Retirement Deductions From State Foundation Payments is mailed to applicable employers.
GASB 45 disclosure is available on the employer website.
STRS Ohio’s Comprehensive Annual Financial Report is available.