OSC has added a new option in the FICA Status dropdown box on the Job Data page, ER FICA Exmpt, for employees hired under the provisions of the HIRE Act. When this option is selected PayServ will determine the amount of the employer share of social security taxes and will update the employee Tax Balance Page as displayed below.
Records for employees who were hired under the provisions of the HIRE Act prior to the availability of this option will need to be updated by OSC.
Agencies have provided OSC with spreadsheets listing these employees who were hired between February 3, 2010 and June 30, 2010. Agencies must now provide this same information for the period of July 1, 2010 through November 3, 2010 under the provisions of the HIRE Act(See Agency Actions below).
Using these spreadsheets OSC will automatically set the FICA Status to ER FICA Exmpt on all Job Data rows equal to or greater than February 3, 2010. OSC will also update the employee Tax Balance Page to reflect the employer share of the social security taxes.