Copy


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

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

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.
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.

 
Holiday Office ClosureOur office will be closed on the following:
Friday, April 19, 2019 – Good Friday

 

And, as always, we appreciate and welcome any and all comments, as this helps
us identify ways to make improvements for you and provide better service to our
members and employers. Feel free to provide feedback and suggestions using
the LSERS Satisfaction Survey on our "Contact Us" page on the LSERS website.

Copyright © 2019 Louisiana School Employees' Retirement System, All rights reserved.