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Retirement System Defined
1005.1 What is a "retirement system"?
A retirement system is any pension, annuity, retirement or similar fund or system maintained by a State or local government or instrumentality. The purpose of the system is to provide retirement benefits to participating employees. The Internal Revenue Service has the responsibility for determining whether a retirement system not covered by a Section 218 Agreement (see §1000.2) qualifies to be exempt from mandatory Social Security and Medicare coverage. (See §1000.5.)
1005.2 Who determines if a worker is a member of a retirement system?
The State determines if you are a member of a retirement system under State law. Generally, you are considered a member of a retirement system if you can qualify for benefits under that system based on your present job.
Last Revised: Oct. 11, 2005
- Retirement System Coverage Groups
- Social Security Coverage for State and Local Government Employees
- Effective Date of Section 218 Agreement
- Police Officers and Firefighters Not Covered by a Retirement System
- Rehired Annuitants
- Absolute Coverage Groups
- Public Transportation Systems
- Social Security Coverage for Police Officers and Firefighters Under a Retirement System
- Social Security and Medicare Coverage Under a Section 218 Agreement
- Divided Retirement Systems
- Who is NOT covered under retirement, survivors, disability, and hospital insurance programs?
- What are the procedures for conducting a referendum?
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