Part-Time Employee, FICA Alternative

Effective July 1, 2005 NSHE implemented a FICA (Federal Insurance Contributions Act) Alternative Plan administered by the State’s Deferred Compensation Committee for employees who would typically contribute to the FICA portion of Social Security. The State’s FICA Alternative Plan allows affected employees to accumulate retirement benefits and control their investment options in a manner different from Social Security. 7.5% pre-taxed dollars will be deducted from the participant’s base salary and invested in the deferred compensation plan of choice. The FICA Alternative vendor is The Hartford and offers guaranteed interest rates on all deposited funds of 3% or more. For more information regarding rates, please contact the vendor at:

Vendor Name	Website	Phone Number	Local Contact
	retire.hartfordlife.com	(800)255-2464	Janet Corral (702) 262-0304

Questions and Answers from ING and The Hartford about the Safety of Employees' Accounts

If you have any questions or comments about any of the information contained on this or other Human Resources pages, please e-mail HRCustomerService@csn.edu.