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Section 3
Year-End Reporting & Payment Plan Reminders |
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Section 4
Report and Payment Deadline
As the fiscal year comes to a close, a reminder that year-end reports and payments must be submitted by July 15, 2026. Employers who do not meet TFFR's monthly reporting deadlines are subject to a $250 penalty and 1% compounding monthly interest.
Fiscal Year-end Checklist
Active Members (Full and Part-time)
- If the member worked 700 hours or more during the fiscal year, report 700 hours.
- If the member worked less than 700 hours, report actual hours.
- When reporting Active Member hours, always include extra-curricular activities, professional development and In-staff subbing.
Retired Members (Return to Teach)
- Report actual hours worked, even if it's more than 700 hours.
- When reporting Retired Member hours, do not include extra-curricular, professional development, or subbing hours.
All Members
Last Day Worked
- Report the employee’s actual last day worked in the school, not the payroll date.
Remaining Contract Salary
- Expense any remaining contract salary on your fiscal year-end report.
Unused Leave
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Do not report unused sick leave, personal leave or vacation leave.
Termination (Retirements and Resignations)
If an employee is not returning for the next school year, after submitting your year-end report, close out the member's account by completing a termination using the “Create an Enrollment” wizard and selecting termination.
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Section 5
Update or Affirm your Payment Plan by July 1
Employers may choose to pay all or a portion of TFFR member contributions as long as all employees covered under the plan— teachers and administrators, and full-time and part-time staff—follow the same contribution model.
- Payment plans must be updated or affirmed annually through MyTFFR by July 1.
- Employers will not be able to submit reports or payments for the new fiscal year until the payment plan has been updated or affirmed.
- You may complete this process early to avoid delays.
Model 2 Partial Contribution Changes
Effective July 1, 2025, employers using Model 2 (Partial) must contribute in whole percentage increments. For example, employers may contribute 10% but not partial percentages such as 10.75%.
Only when employers select Model 2 (Full), where the employer pays 100% of member contributions, will the contribution rate be a fractional percentage. In this instance, the rate is 11.75%, the maximum member contribution level
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Section 6
Resources and Support Reminder
If you missed RIO’s recent Year-end Reporting webinar, or would like to review the material again, the recording and presentation slides are available on the TFFR Employer webpage, scroll down to the “Presentations” accordion to access these materials.
For assistance, use the contact ticket system within the MyTFFR Employer Portal. This is the fastest and most effective way to receive support from RIO, especially during periods of high demand and limited staffing.
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