Board Policy GBQ: Professional Personnel Retirement

GBQ · Policy · Last revised 11/27/2012 · Adopted 09/11/2000

Teachers Retirement System of Georgia (TRS)

All employees, pursuant to applicable statute, who are eligible to participate in the Teachers Retirement System of Georgia (TRS) are required, under the provisions of the law, to become members of TRS when employed by the DeKalb County Board of Education. The state and the Board shall contribute their portions of the funds as required by law, and the employee's portion shall be deducted from the employee's salary as required by law.

All covered compensation paid by the Board to eligible, full-time employees shall be reported to TRS.

Public School Employees Retirement System of Georgia (ERS)

All employees, pursuant to applicable statute, who are eligible to participate in the Public School Employees Retirement System of Georgia are required, under the provisions of O.C.G.A. ยง 47-4-40, to become members when employed by the Board.

Medicare

All employees who were initially employed or reemployed after March 31, 1986, are required by federal law to pay Medicare tax. The Medicare employer contributions must be charged against the Alternative Plan to Social Security.

Social Security

All part-time and substitute employees are eligible to participate in the Social Security Program and, when required under the provisions of federal law, may pay contributions to FICA when employed by the Board.

Legal References