Regular Payroll Contribution Calculations

The following example shows how an employee’s regular payroll contributions are calculated.

Note that this is a basic example. The Statutory Minimum Contribution calculation can introduce some amount of conditional complexity.

In this example, the employee’s amounts are:

Contributions fetched from payroll deductions:

TRS Member Contribution (currently 8.25%) = 4,542.37 * 8.25% = 374.745 (rounds to 374.75)
Member TRS-Care Contribution (currently 0.65%) = 4,542.37 * 0.65% = 29.5254 (rounds to 29.53)
Reporting Entity TRS-Care (currently 0.75%) = 4,542.37 * 0.75% = 34.06777 (rounds to 34.07)

Contributions calculated by the Load process:

Statutory Minimum Contribution (currently 8.25%) = (4,542.37 - 3,151.40) * 8.25% = 114.755 (rounds to 114.76)
Non-OASDI (Public Education Employer Contribution, currently 1.9%) = 3,151.40 * 1.9% = 59.8766 (rounds to 59.88)