Sec. 4. (a) Every
employee whose services are covered by the federal-state
agreement or a modification of the agreement shall, as a condition of his employment, pay an amount equal to the employee tax imposed by the
Federal Insurance Contributions Act.
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Terms Used In Indiana Code 5-10.1-6-4
- Agreement: as used in this article means the federal-state agreement specified in chapter 2 of this article. See Indiana Code 5-10.1-1-10
- Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
- Employee: as used in this article includes:
Indiana Code 5-10.1-1-1
- Federal Insurance Contributions Act: as used in this article , means subchapters A and B of chapter 21 of the Internal Revenue Code. See Indiana Code 5-10.1-1-4
(c) Employees who are entitled to back coverage under the federal-state agreement shall make contributions for the back coverage. The employee may have the contribution deducted from his compensation or from the amount credited to his annuity savings account if he is a member of the public employees’ retirement fund.
As added by Acts 1977, P.L.53, SEC.1. Amended by P.L.57-1987, SEC.3.
