Saskatchewan Pension Report
The Saskatchewan Pension Report process allows a means of re-reporting pension values previously generated and adjusted through the Saskatchewan Pension Adjustments. This option will re-report the monthly STRP (Saskatchewan Teachers Retirement Pension) or TSC (Teachers Superannuation Pension Contributions). Optional reporting of STF Fees, ICP Premiums, Contingency Fees, McDowell Contributions and Group Life Fees is also available. The reporting of these additional values is only available on Web electronic submission file.
The Name of the Electronic Web Files Are:
- PRSKSM.Web STRP/Both monthly web file
- PRSKTM.Web TSC monthly web file
The Name of the Electronic Files Are:
- PRSKSM.TAP - STRP/Both monthly electronic file
- PRSKTM.TAP - TSC monthly electronic file
All pension electronic and web files are generated in the location defined by the logical 'SRB$OPSWRK:' per payroll.
This process includes the option to maintain multiple sets of stored prompts.
Name the prompt sets by defining a title up to 10 characters, with a 30-character description.
On the first prompt click the Report Defaults icon to select an existing set of prompt values. You can delete prompt sets or change the description from the Report Default icon.
Enter the Pension Plan – STRP, TSC Or Both
The pension plan selected determines the name of the pension file used in the reporting of the pension values as well as defines the content of the Web Plan code per employee record. Web Plan code is A for STRP and F for TSC pensions.
- Enter 'S' to produce a Saskatchewan Teachers' Retirement Pension report. Web Plan code is always A.
- Enter 'T' to produce a Saskatchewan Teachers' Superannuation Commission report. Web Plan code is always F.
- Enter 'B' to produce a combined STRP and TSC pension report. This option would only apply when the pension generation was run for both pensions. The Web Plan as determined during the pension generation or from pension adjustments changes.
Enter Fall Start Period
- Enter the pay period that represents the first pay period of the fall semester for the current school year.
Enter Spring End Period
- Enter the pay period that represents the last pay period for the spring semester for the current school year.
Enter Pay Period to BE Report
- Enter the pay period you want to report on. This pay period determines the default month used for the Month information.
Enter Reporting Month
- Enter the pension month to be included on the pension reporting.
Enter School Year
- Enter the school year or accept the default to select the current school year
Enter Pension Deduction Codes
- Enter the two-digit deduction code that is assigned to the teacher's pension, one at a time. Use look-up for a list of valid deduction codes
Enter Employer Number
- Enter the employer (school division) number to appear on the report.
Create the Pension Electronic or Web File
- Enter 'W' to create the pension electronic web format file for submission to the Saskatchewan Teachers Retirement Plan via the internet.
- Enter 'T' to create the pension electronic file. The electronic file is used for sending contribution information to the Saskatchewan Teachers Retirement Plan.
The First Monthly Report lists the following:
- Employee Social Insurance Number
- Employee Name
- School Month or Term
- School Year
- Pension Record Type
- Employee Type
- CPP Code
- Employee Pensionable Earnings
- Number of Days Taught
- Employee Pension Contribution
- Employee's School Year-To-Date Pensionable Earnings
- Employee's School Year-To-Date Days Taught
- Employee's School Year-To-Date Pension Contribution
The Second Monthly Report lists the following:
- Employee Social Insurance Number
- Employee Name
- School Month or Term
- School Year
- Pension Record Type
- STF Fees
- ICP Premiums
- Contingency Fees
- McDowell Contributions
- Group Life Fees