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<DIV>Thank you Tim,</DIV>
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<DIV>For all those with inquiring minds, please read the following.</DIV>
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<DIV>The following was asked in regards to the change to the Social Security withholdings.
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<DIV>Karen, I don't see any mention about changing the Social Security rate for the employer's portion. I just want to confirm that it will remain 6.2%.<BR>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY: 'Footlight MT Light','serif'">Good morning Sharry,<o:p></o:p></SPAN></P></DIV>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY: 'Footlight MT Light','serif'">That is my understanding.</SPAN></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><STRONG><SPAN style="FONT-SIZE: 24pt; COLOR: #6147c5; FONT-FAMILY: 'Brush Script MT'">Karen Park</SPAN></STRONG><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY: 'Footlight MT Light','serif'"><o:p></o:p></SPAN></P></DIV>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><STRONG><SPAN style="FONT-SIZE: 13.5pt; COLOR: #6147c5; FONT-FAMILY: 'Footlight MT Light','serif'">Oregon State Social Security Coordinator</SPAN></STRONG><SPAN style="FONT-SIZE: 14pt; FONT-FAMILY: 'Footlight MT Light','serif'"><o:p></o:p></SPAN></P></DIV>
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<DIV>And now for the finale!
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<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG><FONT face="Brush Script MT" size=6>Karen Park<BR></FONT></STRONG></FONT></DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG>Oregon State Social Security Coordinator</STRONG></FONT></DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5 size=4><STRONG>Oregon PERS<BR>503 603-7633<BR>karen.park@state.or.us<BR><IMG alt="" hspace=0 src="cid:KTIOPUWZYYOA.IMAGE_76.GIF" align=baseline border=0><BR>SL2</STRONG></FONT></DIV>
<DIV><STRONG><FONT face="Footlight MT Light" color=#6147c5 size=4></FONT></STRONG> </DIV>
<DIV><FONT face="Footlight MT Light" color=#6147c5>Please note my office hours are Monday thru Thursday 6 am to 4:30 pm</FONT></DIV>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=2>CONFIDENTIALITY NOTE: All information in this email, including attachments, is approved solely for delivery to and authorized use by intended recipients. Use, dissemination, distribution, or reproduction of this message and/or any of its attachments by unintended recipients is not authorized and may be unlawful. If you are not an intended recipient of this message or an authorized assistant to an intended recipient, please notify the sender by replying to this message and then delete it from your system</FONT>. </P></FONT></DIV></DIV>
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<DIV>>>> "Beard, Tim" <Tim.Beard@ssa.gov> 1/4/2011 9:29 AM >>><BR></DIV>
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<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Arial','sans-serif'">Sharry-<o:p></o:p></SPAN></P>
<P class=MsoNormal style="LINE-HEIGHT: 150%"><SPAN style="LINE-HEIGHT: 150%; FONT-FAMILY: 'Arial','sans-serif'">Karen is correct; the employer share of the Social Security tax remains at 6.2% for 2011.<o:p></o:p></SPAN></P>
<P class=MsoNormal style="LINE-HEIGHT: 150%"><SPAN style="LINE-HEIGHT: 150%; FONT-FAMILY: 'Arial','sans-serif'">In addition, the Medicare tax rates are not changed by this legislation. Employee withholding and employer match continue at 1.45% each.<o:p></o:p></SPAN></P>
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<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-FAMILY: 'Arial','sans-serif'">Tim Beard<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-FAMILY: 'Arial','sans-serif'">Employer Services Liaison Officer<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-FAMILY: 'Arial','sans-serif'">Social Security Administration<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-FAMILY: 'Arial','sans-serif'">Seattle, WA<o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-FAMILY: 'Arial','sans-serif'">206 615-2125<o:p></o:p></SPAN></P></DIV>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Arial','sans-serif'"><o:p> </o:p></SPAN></P>
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