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Amount of taxes withheld as required by the Federal Insurance Contributions Act (FICA). These taxes are subject to change by Congress and are assessed on all wages. Current rates are posted at Calculation of Federal Employment Taxes on the Payroll Services site.
Premium Sharing
Employer-paid contribution towards cost of university health insurance for eligible employees, if selected. The amount is based on full-time or part-time status as of the first calendar day of the month and employee's level of coverage. Employee premium-sharing amounts are listed on the HR Health Insurance Rates page.
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