Issue Date:
Revised Date:

Object Type

Cash — Interfund Transfers/Other

Reference

Description

To record payments to the Teacher Retirement System, Agency 323, for reimbursement of teacher retirement contributions. The reimbursement is from federal or local funds received by the employing agency for salary costs of the employee. This reimbursement is for the employer's cost of the retirement contribution, which have been paid by Teacher Retirement System from Treasury funds. The employee's contribution is made as a deduction from the agency's payroll, using the salary expenditure. Payments are for both regular retirement program and optional retirement program.

Expenditure code 7909 includes, but is NOT limited to:

  • Teacher Retirement Reimbursement

Note

The Teacher Retirement System will deposit the payments using Revenue Code 3513, "Teacher Retirement Reimbursement from funds in the Treasury".

USAS Values

Appropriation Year 20
USAS Title TEACHER RETIREMENT REIMBURSEMT
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 00 – INTERFUND TRANSFERS/OTHER