OFFICE OF STATE UNIFORM PAYROLL MEMORANDUM #98-48



February 25, 1998

To: All UPS Agencies
From: Ronald S. Mitchell, Director
Subject: New Retirement Codes

The following two retirement codes will be added to our system effective pay period beginning February 23, 1998 and ending March 8, 1998:

RT20 DF COM RT2
RT21 RET-TREAS

Retirement code RT20, DF COM RT2, has been established in UPS for LSU Medical Center hospitals as a deferred retirement. The employee and state share will be calculated at 6.2%. Employees must meet specific requirements to be eligible for this retirement code/type. Eligibility questions should be directed to your human resource office.

Retirement code RT21, RET-TREAS, has been established in UPS for the State Treasurer as a deferred retirement to assist in the identification of occupational types for LASERS. The employee share will be calculated at 7.5% and the state share at 13.0%.

Any questions regarding this should be directed to UPS Help Desk at (504) 342-8928.

RSM:JAH:mmh


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