Christine Roberts Posted February 28, 2000 Report Share Posted February 28, 2000 Governmental employer wants to participate in state DB plan that generally requires employers to contribute between 7.5% and 9.5% of each eligible employee's compensation. However employer wants to effectively cap its potential contribution at 7.5% by requiring employees to pay back, via payroll deductions, the amount of any employer contributions made on their behalf above the 7.5% threshhold. Can they do this? ------------------ Link to comment Share on other sites More sharing options...
Carol V. Calhoun Posted March 3, 2000 Report Share Posted March 3, 2000 You'd have to look at the specific state's laws, including the terms of the state retirement system, to determine this. It's not a federal issue, but may well be an issue under applicable state law. ------------------ Employee benefits legal resource site Employee benefits legal resource site The opinions of my postings are my own and do not necessarily represent my law firm's position, strategies, or opinions. The contents of my postings are offered for informational purposes only and should not be construed as legal advice. A visit to this board or an exchange of information through this board does not create an attorney-client relationship. You should consult directly with an attorney for individual advice regarding your particular situation. I am not your lawyer under any circumstances. Link to comment Share on other sites More sharing options...
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