This edition of Employer Update covers LDIPs, LCDs, severance pay, and teacher contracts.
School Units:
Featured Article:
Reminder:
TRF: Employer Rates Remain Unchanged Until December 2025
TRF employer contribution rates will remain unchanged through the end of December 2025. As a reminder, TRF rates are now determined on a calendar basis, January through December, and will not change on July 1.
1977 Fund:
Reminder:
New Baseline Form Required Starting May 1, 2025
The previous version of the baseline application will be accepted through April 30, 2025. If the older version is submitted after April 30, 2025, it will be returned to your unit, and you will be required to resubmit the application using the updated version. During this transition, please do not combine the two versions of the applications. These submissions will not be accepted as the required exams vary by application and cannot be combined. If you have any questions, please call the Employer Advocate Team at 888-876-2707. Our office is open Monday through Friday from 8:30 AM to 4:30 PM EST.
All Funds:
Featured articles:
- All About Severance Pay
- Last Day in Pay (LDIP) vs. Last Check Date (LCD)
- New Webinar Series Coming Soon
Looking Forward:
May:
Substitute teachers, intermittent annual verifications
May 9th: IASBO Conference in Fort Wayne
June:
June 13: Pension Secretary Seminar
June 18: INPRS Webinar- more details soon!
June 20: IASBO Conference Region 6 in New Castle, IN