The attached schedule is a listing of the percentage rates for employer payroll
contributions and employee/employer retirement plan contribution rates for fiscal
year 2001. The rates for fiscal year 2001 will become effective with the on-cycle
payroll period beginning June 11, 2000 and ending June 24, 2000 paid July 7, 2000.
The rates for OASDI, Medicare, federal withholding taxes and Kansas withholding taxes
remain unchanged for fiscal year 2001.
Regents institutions are responsible for ensuring that the correct benefit and tax contribution rates are used when calculating payroll for employees of their agencies and for ensuring that the STARS funding file and DA175/176 effect the correct fiscal year expenditures. Regents' institutions are also responsible for ensuring that all appropriate payroll clearing fund indexes are established in STARS for fiscal year 2001. DB:JJM:rdb Attachment: Schedule of rates (.pdf)
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