In this section of your statement, you will find the year to date contributions into your mandatory USG retirement plan.
For TRS/ORP your mandatory employee contribution is currently a fixed 6% which is deducted from your pay pre-tax. The USG contributes to your mandatory retirement plan each pay period.
The USG contribution amount is based on the plan in which you are enrolled. For those employees enrolled in the TRS plan, USG’s contribution is 19.98%. If you are enrolled in ORP, the USG contribution is 9.24%.
You will also see your year to date contributions in your supplemental retirement plan, if applicable.
To check your retirement plan balance(s), you must contact the vendor directly.
Medicare and Social Security costs are estimated using your Base Pay.