Payroll Deductions
|
|
|
|
Tax Base
|
Rate
|
Social Security - FICA
|
$118,500
|
4.20%
|
Medicare
|
All Wages
|
1.45%
|
NJ State Unemployment Insurance
|
$32,000.00
|
0.425%
|
NJ Family Leave Insurance
|
$32,000.00
|
0.08%
|
|
|
|
Pension Deductions
|
Rate
|
Teacher Pension Annuity Fund (TPAF)
|
7.5%
|
Public Employee Retirement System (PERS)
|
7.5%
|
Defined Contribution Retirement Program (DCRP) |
5.50%
|