[Cobo] OTRS
Cheryl Ashpaugh
cheryla at opsu.edu
Thu Mar 11 11:39:37 CST 2010
OPSU, as long as I've been doing payroll, has always contributed the into
the employees retirement account (currently at 7%) with OTRS PLUS the
additional amount mandated by statues to the administrative fee. We
calculate the OTRS contribution and statutory amount on the salary + health
insurance + life insurance + disability insurance + OTRS 7% calculation.
The administrative fee this fiscal year is 8.55% -- no limit on the salary.
Cheryl Ashpaugh
OPSU
From: Larry Peters [mailto:lpeters at opsu.edu]
Sent: Thursday, March 11, 2010 9:39 AM
To: 'Cheryl Ashpaugh'
Subject: FW: [Cobo] OTRS
What it the OTRS limit for OPSU?
Why do we contribute more than they do?
Larry Peters
Vice President Fiscal Affairs
Oklahoma Panhandle State University
P. O. Box 430
Goodwell, OK 73939-430
Phone 580 349 1584
Email lpeters at opsu.edu
Cell 580 461 0571
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)
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists.onenet.net/pipermail/cobo/attachments/20100311/3be32a59/attachment.html>
More information about the Cobo
mailing list