00-P-009 Change in Social Security Base Rate (Supersedes Informational Circular 99-P-011)
Posted on October 21, 2021 at 12:50 PM by Kansas Department of Administration
|DATE:||November 12, 1999|
|SUBJECT:||Change in Social Security Base Rate|
|EFFECTIVE DATE:||January 1, 2000|
|CONTACT:||Payroll Services||(785) 296-3146|
|SUMMARY:||Social Security Wage Base Increase to $76,200 effective January 1, 2000|
For Federal employees at Kansas State University who were hired prior to January 1, 1984, the employee contribution rate for reduced FICA remains at 1.45 % on all wages subject to the tax (there has been no maximum contribution since January 1, 1994). Federal employees hired after January 1, 1984 will have a maximum contribution of $4,724.40 for OASDI and no maximum for Medicare. The employer and employee rates continue to be the same.
For Kansas Police and Fireman's program participants, who are subject to the mandated Medicare coverage, the contribution rate remains at 1.45% on all wages subject to the tax (there has been no maximum contribution since January 1, 1994).