When the number of hours and/or the amount of earnings reported to the Wisconsin Retirement System (WRS) for a particular individual for a prior calendar year were incorrect, the employer must complete an Employee Transaction Report, ET-2533.
| Item Incorrectly Reported
|
Change Required
|
Action Code Used |
Action Date Month and
Day
|
Action Year
|
Follow-up
|
| Under-reported hours and earnings |
Add ONLY the number of hours
and the amount of earnings necessary to make the record accurate. |
29 |
Month = 12
Day = 31 |
The year that requires the correction. |
Employer will receive an invoice
showing the amount owed. |
| Over-reported hours and earnings |
Subtract ONLY the number of hours
and the amount of earnings necessary to make the record accurate. |
27 |
Month = 12
Day = 31 |
The year that requires the correction. |
Employer will receive an invoice
show the amount of the credit. |
| Hours correction ONLY |
Report ONLY the difference in
hours. Add or subtract hours to make the record accurate. |
24 |
Month = 12
Day = 31 |
The year that requires the correction. |
|
