4.04.03: OBSOLETE - Employee Tax-Sheltered Annuity or Deferred Compensation Investments
OBSOLETE section – This section duplicates information in section 4.04.02 and is thus obsolete.
Earned wages that are placed in either an elective tax-sheltered annuity or a deferred compensation plan by employees are considered reportable compensation.
Please note: reportable and nonreportable “compensation” is defined in MCL 38.1303a and only applies to active MPSERS members. For information on reporting earnings for retirees please see section 9.01: Earnings of Retirees Who Return to Work.
Last updated: 01/06/2021