Reporting

3. Choose a table below from Chapter 4 of the Employer Handbook to verify that the compensation was correctly reported.
• PERS Reportable Compensation Table
• PSERS Reportable Compensation Table
• SERS Reportable Compensation Table
• TRS Reportable Compensation Table
• LEOFF Reportable Compensation Table

Note: H.R. 6081, The Heroes Earnings Assistance and Relief Tax (HEART) Act of 2008, was passed by Congress in May 2008. The HEART Act provides tax benefits and incentives to military personnel. Beginning in January 2009, differential wage payments for retirement plan purposes are now reportable.

A differential wage payment or differential military pay is any employer payment to an individual serving on active duty in the uniformed services for more than 30 days that represents wages the individual would have received if the individual were performing services for the employer.

Differential military pay is reportable for all systems and plans. If you pay differential military pay then beginning in January 2009, you now must report it to the Department of Retirement Systems through your retirement transmittal process.

Review DRS Email 08-019