Issue Date: | |
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Revised Date: | 1993-09-01 |
Object Type
Cash — Benefits
Reference
Description
To record payments of the matching portion of O.A.S.I. tax levied on an employer (state agencies).
Note
Effective 4-1-87, all state agencies became responsible for paying IRS directly for O.A.S.I. for their employees. Prior to this date, Employees Retirement System, Agency 327, collected taxes from all state agencies and disbursed the money to the United States Treasury.
USAS Values
Appropriation Year | 25 |
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USAS Title | FICA EMPLOYER MATCHING CONTR |
Object Group | 40 – Payroll |
USAS Status | A |
Rev/Exp Category | 02 – EMPLOYEE BENEFITS |