Note:  Refer to Section 2 of the Employer Manual, 37. Pay Categories – K: MTD Termination Pay, for an update of this information.

Administrative Bulletin No. 2000-6

To:  Chief School Administrators                        Date:  August 2000
       College and University Presidents
       School Contacts

Effective immediately, all termination payments for Tier 1 members joining before June 17, 1971 made within the calendar year of retirement should be reported to the System as salary received. This is a change from our TRS Administrative Bulletin 78-4 and is in accordance with the laws, rules and regulations governing this System and a recent Comptroller's ruling (Opinion 2000-04).

          As in the past,

• termination payments should not be reported for Tier 2, 3, or 4 members and
• for all tiers, termination payments made beyond the calendar year of retirement should not be reported to the System.

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