Issue Date:
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 20
USAS Title FICA EMPLOYER MATCHING CONTR
Object Group 40 – Payroll
USAS Status A
Rev/Exp Category 02 – EMPLOYEE BENEFITS