Ohio Code 144.03 – Employees’ contribution deducted from wages
Every employee of a county-related corporation or city shall be required to pay for the period of his coverage, into the contribution fund established by section 144.05 of the Revised Code, contributions, with respect to wages equal to the amount of the employee tax which would be imposed by the “Federal Insurance Contributions Act” if such services constituted employment within the meaning of that act. Such liability shall arise in consideration of the employee’s retention in the service of the county-related corporation or city or his entry upon such service, after the enactment of Chapter 144 of the Revised Code.
Terms Used In Ohio Code 144.03
- City: means any municipal corporation having its own retirement system and includes any municipal university belonging to the municipal corporation. See Ohio Code 144.01
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- County-related corporation: means a nonprofit corporation, without capital stock, organized and existing under Chapter 1702 of the Revised Code to carry on county-related recreational functions on property, the title of which rests in the name of the county, that would normally be carried on by commercial interests for profit, the receipts in excess of actual and necessary expenses of which are transferred to a board of county commissioners, and the assets of which, upon dissolution of the corporation, become the property of a board of county commissioners. See Ohio Code 144.01
- Employee: has the meaning prescribed in section 210 (k) of the "Social Security Act" and may include officers of a county-related corporation or city. See Ohio Code 144.01
- Employment: means any service performed by an employee in the employ of a county-related corporation or city, except service which, in the absence of an agreement entered into under this chapter, would constitute "employment" as defined in the "Social Security Act" or service which under the "Social Security Act" may not be included in an agreement between the state and the secretary of health and human services. See Ohio Code 144.01
- State agency: means that agency which the governor designates to carry out this chapter. See Ohio Code 144.01
- Wages: means all remuneration for employment as defined in this section, including the cash value of all remuneration paid in any medium other than cash, but does not include that part of such remuneration which, even if it were for "employment" within the meaning of the "Federal Insurance Contributions Act" would not constitute "wages" within the meaning of that act. See Ohio Code 144.01
The contribution imposed by this section shall be collected by deducting the amount of the contribution from wages as and when paid, but failure to make such deduction shall not relieve the employee from liability for such contribution.
If more or less than the correct amount of the contribution imposed by this section is paid or deducted with respect to any remuneration, proper adjustments, or refund if adjustment is impracticable, shall be made, without interest, in such manner and at such times as the state agency prescribes.