TESRS

Texas Emergency Services Retirement System

Accounting Practices and Procedures
Our member departments are partners in administering our programs - we are committed to supporting local pension boards.  This page includes summary level information on our reporting requirements and program rules. 

Membership Reconciliation Report (MRR)

Approximately thirty days before the close of each quarter, TESRS will send the MRR reports to the local pension board chairpersons.  The MRR report is a roster of all active members and details department membership charges and credits for the current quarter. If this report is incorrect, the local pension board administrator will need to log on to the website to correct pension records to reflect department rosters by adding or terminating members. Membership changes need to be made at least 5 days before the end of the quarter to ensure correct billings.

Departments are charged at the monthly contribution rate set by the local board under contract, which is called the 'Part One" or 'Member' contribution. The 'Part Two' or 'System' contribution will also be included on invoices, if the TESRS Board of Trustees has instituted that contribution type to make the System actuarially sound.  All contribution charges will be assessed in monthly increments, but totaled on a quarterly basis.

Invoices

At the close of business on the last day of each November, February, May, and August, TESRS will invoice departments based on membership in the pension system on that date. All invoices are payable within 30 days from the invoice date or interest charges will accrue.