Wisconsin Department of Employee Trust Funds Employer Bulletin-Social Security Update

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Employer Bulletin Vol. 28, No.14

Employer Bulletin Contains Social Security Information

As the designated liaison between the Social Security Administration and employers that provide Social Security coverage for their employees under the State of Wisconsin’s Section 218 Agreement, ETF provides information regarding Social Security and Medicare. This information applies to all Wisconsin Retirement System employers and all other public employers in Wisconsin that provide Social Security coverage for their employees under Wisconsin’s Section 218 Agreement.

Topics in this Employer Bulletin include:

• Social Security and Medicare Wage Bases and Rates for 2012;
• Retirement Earnings Test for 2012;
• 2012 Earnings Requirement for One-Quarter Credit for Social Security;
• Benefit Cost-of-Living Adjustment;
• Election Worker Exclusion; and
  
• Law Regarding Employees Not Covered by Social Security.