X
GO
Excelsior LIVE - District News
Info on Healthcare Contributions Refund
Linda Mah
/ Categories: Communications

Info on Healthcare Contributions Refund

Read a Message from the KPS Business Office

The Michigan Supreme Court has ruled that the 3 percent healthcare contributions made by teachers and school personnel from July 2010 through September 2012 be refunded. The Office of Retirement Services (ORS) will be sending the essential data regarding the refunded contributions and interest to districts no later than January 10. The interest is expected to be minimal. The funds will be transferred to districts with the January 22 state aid payment.

This is a massive undertaking for the Kalamazoo Public Schools' payroll department, as it involves not only issuing refunds to current employees, but to former employees as well. We are awaiting guidance regarding tax implications. However, please note that when the funds were contributed only FICA was assessed. We anticipate that federal and state taxes will apply to the refund. At this time, no timetable for the refund has been determined. However, we will provide updates as soon as more information becomes available.

For now, the ORS is requesting that employees and retirees confirm and/or update their contact information in their MiAccount. This will help both the ORS and the district process the refund with the correct information. MiAccounts can be accessed via the following link:

https://ssprd.state.mi.us/wss/security/login.do?method=showLogin

Below, also find a pdf of this information, which was shared as an email with staff. There is also a pdf of a form that employees and former employees can use to update their contact information, if you are unable to use the state link. There are also links to an MLive story on the refund and to the Michigan Office of Retirement Services, which has answers to frequently asked questions about the refund. 

Thank you for your patience!

Gary Start
Deputy Superintendent for Business

Laura Kayser Business Manager

Teresa Hazzard Payroll Supervisor 

Image courtesy of MLive.com.

Previous Article KPS in the Spotlight on PMN
Next Article "Being a Writer" Program Launches
Print
676

Documents to download

Please login or register to post comments.

Name:
Email:
Subject:
Message:
x