Vol. 16, No. 4
January 28, 1999
1999 WRS Monthly Retirement Remittance Reports
(ET-1515) Included with this Bulletin
Enclosed is your supply of the 1999 Wisconsin Retirement System
(WRS) Monthly Retirement Remittance Reports (ET-1515).
Use these forms to report earnings paid in 1999 and Wisconsin Retirement
System (WRS) contributions remitted for the 1999 calendar year.
Helpful Hints for Completing WRS Remittance Reports
Each month, please submit the remittance report with your payment
to the Department of Employe Trust Funds (ETF) by the due date printed
on each form. Remember to mail your reports and payments as early
as possible to ensure they are received by ETF's bank on or
before the due date. Wis. Admin. Code § ETF 10.64 requires
ETF to assess an interest charge on all late reports, regardless
of the date mailed.
Technical Colleges, CESAs and school districts with Educational
Support Personnel: Remember to pay your contributions for support
staff on the first line of your remittance reports under Category
Timeliness - The following are time considerations,
by type of payment:
If you pay by check, the date used to determine whether a report
is late is the date received at DRAWER 901 (Firstar Bank Milwaukee,
N.A.), and not the date of the postmark.
If you use the wire transfer method, you must complete the
transaction by 10 a.m. on the report due date. Our office must
receive the report (ET-1515) five to seven days prior to the
State agencies must have the report and evidence of payment
(list of payment vouchers or check) in the ETF mail room, 801
W. Badger Rd., by 4:30 p.m. on the report due date.
In processing the WRS Monthly Retirement Remittance
Report (ET-1515), keep the following points in mind:
Original Copy - Send the original (first) copy of the remittance
report to ETF. Keep the second copy for your records.
Reporting Month - Be sure that the information on the report
corresponds with the preprinted Reporting Month.
Earnings - Verify that the amounts entered for earnings are
correct and are posted to the proper employment category. Our
processing system verifies the contribution amount based on
Total Earnings - Add the earnings for all employment categories
listed on your report. Enter the total in the "Total Earnings"
block. Please enter this amount even if reporting earnings in
only one category. If reporting "No Earnings", insert
zero (0) in the "Total Earnings" block.
Over- or Underpayment and/or Interest Due for Late Reporting
- Use this box only if you received a notice from ETF instructing
you to do so. Some employers are incorrectly using this box
to force the contribution report total to equal the payment
amount. It is not necessary to do this. For example, if WRS
contributions are calculated for each employe and the contributions
are totaled for a given category, then the total usually varies
a few cents from the answer derived by multiplying the total
employe earnings in a given category by the contribution rate.
It is acceptable to use the total of the actual contributions.
ETF's processing system was designed to allow for these
Invoiced Items - The complete invoice number - all seven digits
(for example, 0001234) - must be written on the ET-1515 in the
"Invoice Detail" block. The amount of all invoiced
items must equal the amount entered on Line 3 of the WRS Monthly
Retirement Remittance Report.
Detailed instructions on completing the WRS Monthly Retirement
Remittance Report (ET-1515) are contained in Chapter 6 of the
WRS Administration Manual (ET-1127).
Prompt Payment of Over/Under Balances or Interest Due Notices
We continue to contact employers with outstanding WRS over/under
balances. Upon receipt of an Over/Underpayment and/or Interest
Due Notice (ET-1517), please follow the instructions on the
second page of the notice. Payment should be made promptly on your
next remittance report if you have underpaid. If you have overpaid,
ETF's notice to you will explain how to take a credit on your
next payment. Please contact the ETF contact person listed at the
end of this Bulletin if you have questions about an ETF
notice on underpayments or overpayments.
Wire Transfer Method of Payment of WRS Contributions
The wire transfer method for making contribution payments to the
Wisconsin Retirement System allows employers to receive interest
on their money up to the due date. Once the wire transfer method
has been arranged, employers send their WRS Monthly Retirement
Remittance Report (ET-1515) to ETF (without payment) five to
seven days prior to the wire transfer. ETF supplies mailing labels
for this purpose. Employers then instruct their banks to wire payment
to Firstar Bank Milwaukee, N.A., before 10 a.m. on the due date
noted on the WRS remittance report.
To begin this method of payment, please call the ETF contact person
listed at the end of this Bulletin.
ETF Contact Person for WRS Remittance Processing
If you have questions related to WRS Remittance Reports, the wire
transfer method of payment, or Over/Underpayment and/or Late Interest
Due Notices, please contact Ron Diehl at (608) 266-2737, FAX (608)
266-5801 or TTY (608) 267-0676.