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Labeled a “Significant Deficiency”
State Auditor Says TRS Has “TRUST” Issues
In Ensuring School Employee Data Accuracy

The state auditor says in a
new report (Nov. 30) that TRS should do a better job in ensuring that active school employee data submitted to the TRS by school districts and other employers is accurate and complete.

The report focuses on the Teacher Retirement Unified System for Technology (TRUST) system that is used by more than 1,300 TRS-member employers to submit active employee data (name, gender, date of birth, earnings, service credits, etc.) to TRS.

The report labels the problem as a “significant deficiency.”

The report notes that the completeness and accuracy of the active employees’ census data is important because TRS uses the data to calculate: 1) member pension benefits and 2) other post-employment benefits.

The report says TRS should ensure that employers review and correct data submitted to TRUST instead of continuing to allow employers to delete records.

The report notes that the state auditor has been expressing concerns over the accuracy of employee data submitted by TRS employers in annual audits conducted since 2014.

The TRS, in response, summarized a number of steps that have been taken, will be taken — and are under consideration for future implementation — to improve the accuracy of the TRUST-submitted data.