[Cobo] OTRS

[Elliott, Kathy]

OSU contributes 11.5% toward retirement with no limit on salary.  7.5% is paid to OTRS for OTRS participants, with the remainder going  to the employees selected 403(B) provider (from a list of 9 OSU approved providers).  Non-OTRS participants get the entire 11.5% to the provider of their choice.

Let me know if you have any questions or comments.

k

Kathy Kamm Elliott,  MBA, CPA, CFE
Associate Vice President and Controller
Oklahoma State University
207 Whitehurst Hall
Stillwater,  OK  74078-1041
405.744.4188
405.744.6404 (Fax)
kathy.elliott at okstate.edu<mailto:kathy.elliott at okstate.edu>

The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.
Franklin Roosevelt

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From: cobo-bounces at lists.onenet.net [mailto:cobo-bounces at lists.onenet.net] On Behalf Of Mike Coponiti
Sent: Wednesday, March 10, 2010 2:46 PM
To: COBO at onenet.net
Subject: [Cobo] OTRS

To All,

At what level do you institutions stop contributing to OTRS?  We contribute 3.5% up to $40K salaries plus benefits.

Mike Coponiti
Vice President of Business and Finance
1727 West Alabama Ave
Chickasha, OK  73018
405.574.1333
405.574.1397 (fax)

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