Greetings from LSERS
Welcome to the April Edition of LSERS Employer eNews, we would like to wish you a happy and safe Easter. I encourage you to contact our knowledgeable staff to assist you with any questions or concerns.
-Charles P. Bujol
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Your feedback has been heard!
LSERS received a lot of valuable questions during the March 12th employer training. To help you define LSERS membership requirements and accurately report salary and contributions, we compiled a list of
Q & A’s.
Enrollment Q & A
Q1: Should substitute employees be enrolled in LSERS?
A1: Yes, when they pass the test below,
- Mandatory LSERS membership for those employees who work more than 20 hours/week and they are not defined as seasonal or temporary employees, or they have 10 or more years of service in LSERS regardless of working hours/week.
At enrollment, you must indicate if the employee is full-time or part-time in his/her work classification/effort. Examples: If an employee is hired into a position classified as full-time working 5/5 hours a day, full-time should be reflected on the enrollment. If an employee is hired into a position classified as part-time working 5/7 hours a day, part-time should be reflected on the enrollment.
Q2: Should an employee be enrolled who is in training for a full-time position, but currently is not working 36+ hours per week?
A2: Yes, they should be enrolled as
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full-time because they were hired in a position classified as full-time that demands more than 20 hours per week.
Q3: Are both the “Status” and the “Hours/Week” fields on Enrollment form required when enrolling a part-time employee?
A3: Yes, this helps to secure a more accurate service credit calculation.
Salary Contributions Reporting
Q & A
Q4: How do I report salary for an employee who worked only a partial month?
A4: If an employee is enrolled or terminated within a month, report the actual earnings as to what they actually earned for the month and report the full-time earnings as though they did work the entire month.
Q5: How do I report earnings for a part-time employee?
A5: Actual earnings should equal the salary the employee actually earned. The full-time earnings should be the earnings he/she would have earned had the position been full-time. Example: A 12-month employee earned $1,680/month, working part-time at 4.5/8 hours per day (4.5/8 = .56). Reported Actual Salary = $1,680. Full Time Rate = $3,000 ($1,680/.56 = $3,000).
Thanks for your feedback, hope this helps! If at any time you are uncertain as to the enrollment and/or reporting requirements, please contact Kimberlyn Stewart at 225.925.4411 or kstewart@lsers.net.
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Reminder: Exception ReportsCompared to this time last year, our statistics reflect a decrease in exceptions for active employees of 72% and a decrease in exceptions for Retirees Return to Work 1006 of 79%. Thank you for such great progress!
Currently, there are still a few outstanding exceptions for July 2018 through February 2019 period. Clearing the exceptions now would help tremendously at fiscal year-end closing. Please contact Kimberlyn Stewart at 225.925.4411 or kstewart@lsers.net for assistance.
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Holiday Office ClosureOur office will be closed on the following:
Friday, April 19, 2019 – Good Friday
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