Question:  When is last earnings date versus termination/action date used on the Employee Transaction Report (ET-2533)?

Answer:

The Termination or Action Date on the Employee Transaction Report, ET-2533 is the date corresponding to whatever Action Code is used. For a list of Action Codes and definitions, refer to Chapter 8 and Chapter 23 in the WRS Administration Manual, ET-1127.

When an employee terminates employment, the Action Date will be the date of resignation and Action Code 01 is used. In most cases, the Termination/Action Date will be exactly the same as the Last Earnings Date. Whenever the Last Earnings Date is different from the Termination or Action Date, the Last Earnings Date must be prior to the Action Date.

The difference between these two dates helps explain why there may be a gap in employment earnings and service on an account for employees who were on layoff or unpaid leave of absence prior to their final termination date. The Last Earnings Date generally represents the date the employee last worked before beginning a leave of absence. For disability applicants, final earnings and all leave time such as vacation and sick leave will be reported between the last earnings date and the final termination date.