Deductions and Withholdings
OPERS
Accruals
Tax Considerations
Best Practices
100

This mandatory deduction is made from every Ohio public employee's paycheck instead of Social Security contributions.

What is OPERS (Ohio Public Employees Retirement System) contribution?

100

The current percentage of their salary that most employees contribute to OPERS.

What is 10%?

100

These two pay codes do not impact accruals.

What are 200 and 205?

200

The maximum number of direct deposit accounts an employee can have.

What is two?

200

The percentage that employers generally contribute to OPERS on behalf of their employees.

What is 14%?

200

The rate at which sick time is accrued for each our worked.

What is 0.0575?

200

Tax paid by an employee for the gross cost of a clothing item.

What is Fringe Benefit tax?

200

This report is ran every two weeks and retained by departments for audit purposes.

What is the Accrual Report?

300

This specific Ohio tax, based solely on an employee's residence, is withheld from paychecks by employers.

What is School District Income Tax?

300

Minimum number of years of service required for an employee to access OPERS disability benefits.

What is five years?

300

Maximum number of sick hours that can be converted to Personal Wellness.

What is 48?

300

This is the percentage that local government employees and employers pay into Medicare tax.

What is 1.45%?

400

New OPERS members have this many days to select one of the three retirement plan options: Traditional, Member-Directed, or Combined.

What is 180 days?

400

This is when an employee exchanges vacation hours for cash.

What is Vacation Conversion?

500

This type of compensatory time is not pensionable.

What is prior year?

500

Recommended number of working days in advance you should put in a vacation leave requests.

What is ten?

500

According to recent Ohio legislation, individuals making up to this income amount will pay zero state income taxes.

What is $26,050?

500

Known as the last safeguard in the payroll process, this document must be reviewed for precise accuracy, because any mistake on it flows directly to employee paychecks.

What is the Detail Proof?

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