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All employees who meet the requirements - Printable Version +- FreeBeg (https://www.freebeg.com/forum) +-- Forum: About this site (https://www.freebeg.com/forum/forumdisplay.php?fid=5) +--- Forum: Spammers/Scammers (https://www.freebeg.com/forum/forumdisplay.php?fid=6) +--- Thread: All employees who meet the requirements (/showthread.php?tid=81256) |
All employees who meet the requirements - latestdatabase - 10-08-2025 Persons who have retired from CalPERS covered employment Authorized, non-resident aliens with F or J visas or M teaching visaIndividuals paid for services performed in a hospital, home, or other institution in which they are housedPersons who have CalPERS coverage through concurrent public agency employment.Employees who are employed in multiple positions with the State and/or CSU system; one position must be covered by Social Security, CalPERS, Judges' Retirement System (JRS), or the Legislators' Retirement System (LRS) Casual" employees who are provided health and welfare benefits. Typically these individuals are employed between and days in a phone number list calendar year.CSU employees who are required to participate in an alternative qualified retirement plan for the Omnibus Budget Reconciliation Act of . ![]() Self-employed individuals who render services to the state and make Social Security payments on wages earned from their state contract. To request this exemption, the employee must submit a Letter of Intent to their HR Office to indicate their intent to pay Social Security taxes on their earnings along with a copy of their Self-Employment Tax Form from the previous year Student Assistants, hired through the Hornet Foundation and other CSU Foundations Enrollment Are enrolled in the PST Program. Per Federal regulations, PST employees are fully vested (%) upon enrollment and are entitled to receive a benefit immediately. HR pros are responsible for establishing PST coverage for eligible employees. (See PPM Section H or PAM Item Code for instructions about document processing). Automatic Payroll Deductions The PST Program withholds % of an employee's gross wages (pre-tax) up to the maximum Social Security earnings limitation for each tax year. PST Program contributions are in addition to Medicare taxes. Savings Plus invests the PST Program deduction in the Savings Plus Short Term Investment Fund - PST, under the employee's name. This fund is a conservative fund that seeks to provide principal preservation, a competitive interest rate and daily participant liquidity through high-quality fixed income investments. For more information refer to the PST Fund Profile located at SavingsPlusNow.com. Administrative Fee Savings Plus may asses a monthly fee of up to basis points per year to cover administrative expenses. Employers are charged an administrative fee to cover costs associated with administering ARP. The fee amount is determined by applying a per deduction fee of $ and multiplying the fee by the number of deductions, including corrections, regardless of whether the transaction involves a positive or negative amount. The fee is assessed quarterly by the SCO Semi-Annual Statement Savings Plus issues semi-annual statements reflecting employee contributions, earnings, and their current balance. PST Statements are mailed to the employee's address on record. It's important employees keep their address updated with Savings Plus to insure receipt of their PST Statement. Savings Plus continues to send statements as long as the employee has a balance in the PST Program account. Savings Plus issues PST Statements each February and August, for the periods of December through June and June through December |