| Issue Date: | 2013-09-01 |
|---|---|
| Revised Date: |
Object Type
Cash — Benefits
Reference
S.B. 1459, 83rd Leg., R.S. to amend Government Code 815.4035 and S.B. 1, 83rd Leg., R.S., Art. IX-70, Sec. 17.13;
Description
To record payments by agencies to the Employees Retirement System, Agency 327, for the agency contribution of additional payroll retirement contribution. It is computed as a percentage of base salaries paid as established in the General Appropriations Act.
Note
The calculation of base salary excludes longevity pay, hazardous duty pay, benefit replacement pay, overtime pay, and other payments that are not part of the base salary of the employee.
This code does not include:
- Employees Retirement - State Contribution (7032)
- Employee Retirement - Other Employment Expenses (7033)
USAS Values
| Appropriation Year | 24 |
|---|---|
| USAS Title | ADDL PAYROLL RETIREMENT CONTRIBUTION |
| Object Group | 40 – Payroll |
| USAS Status | A |
| Rev/Exp Category | 02 – EMPLOYEE BENEFITS |