 |
 |
 |
Online Publications
Employers Manual
Compensation
Tax-Sheltered Annuities
Annuities paid on behalf of members are considered compensation for
STRS Ohio purposes if they are part of the member’s compensation
for services and are not excluded for some other reason, such as an
annuity in lieu of insurance benefits, under 3307.01(L)(2) of the Revised
Code. These annuity payments should be treated as supplemental compensation,
and contributions must be remitted to STRS Ohio for the fiscal year
in which annuity payments are made to the member.
