SocialSecurity

 

SOCIAL SECURITY

 

During the last legislative session, a bill was passed to eliminate the Social Security supplement that paid (by the employer) 5.85% of the employee's share of Social Security Tax on the first $16,500 of annual income.

Employees hired on or before August 31, 1995, will receive a "benefit replacement pay" increase in compensation to offset the loss of the additional state-paid social security. The amount of benefit replacement pay will be based on each eligible employee's pay, including longevity and hazardous duty pay, as of October 31, 1995. Also included is an additional amount to cover increased TRS or ORP deductions required on higher base pay.

Employees hired after August 31, 1995 will not receive the benefit replacement pay increase.



Phone: 956.326.2365
Fax: 956.326.2359
Location: Killam Library 158

 

Summer Camps Banner
Register with DustyALRT
The TAMIU Trailblazers program
Visit the watson gallery
Powered By TAMIU
Generation Texas
Reading the Globe
Visit the LBV Planetarium
2012 military frendly schools
faculty and course info
online programs
Veteran's Page
download our app

Picture of Globe Translate this site

Click here for more information on Google Translate

5201 University Boulevard, Laredo, TX 78041-1900 Work956.326.2100