Some public employers have created FICA Alternative plans to provide all employees the opportunity to have retirement savings and to lessen the employer's Social Security tax burden. Participating employees are not subject to Social Security taxes while covered by this plan. Contributions to this plan are made on a pretax basis. Employees (such as temporary and substitutes) not eligible to contribute to TRS contribute to the 457b FICA Alternative plan.
For additional information contact TCG Services (JEM Resource Partners) at 1-800-943-9179.