Comprehensive Annual Financial Report Available Now!
Each year, NDPERS prepares a Comprehensive Annual Financial Report (CAFR). This report offers an in-depth look to the financial, investment, actuarial, and statistical information for the plans administered by NDPERS.
Visit our website to download the complete report.
Preparing W-2 Tax Forms for NDPERS Members
If your employees participate in any of the NDPERS retirement plans, health insurance, or the 457 Deferred Compensation program, remember to include their contributions in their W-2 Wage and Tax Statement.
Use this breakdown as reference when filing W-2s:
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Retirement Plan Contributions
Participation in the NDPERS retirement plan means contributions are considered mandatory (vs elective). As such, the W-2 should have box 13 marked as retirement plan. The amount contributed/code is not required to be reported in box 12.
Pretax contributions listed in box 1 should be less than the amount withheld in boxes 3 and 5.
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457 Deferred Compensation Plan
Use "Code G" in box 12a through 12d.
Report the total contribution amount in box 12.
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Health Insurance Premiums
Use “Code DD” in box 12a through 12d to report both the employer and employee contributions to health insurance for the year.
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Reporting Eligible Contributions to NDPERS
When reporting wages to NDPERS, remember that not all earned wages are eligible contributions toward your employees’ future retirement benefit. Use our 9 easy-to-understand Best Reporting Practices as a quick reference to find answers to any questions you may have.
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