“Compensation means the total amount of payments made by a participating employer to a member of this system for services rendered to the participating employer, including: bonuses; cost-of-living adjustments; other payments currently includable in gross income and that are subject to Social Security deductions, including any payments in excess of the maximum amount subject to deduction under Social Security law; amounts the member authorizes to be deducted or reduced for salary deferral or other benefits authorized by federal law; and member contributions...” U.C.A. § 49-12-102(2)(a), U.C.A. § 49-13-102(2)(a), and U.C.A. § 49-22-102(2)(a).
Under this definition, compensation may not exceed the amount allowed under Internal Revenue Code § 401(a)(17).
“Compensation does not include: the monetary value of remuneration paid in kind, including a residence or use of equipment; the cost of any employment benefits paid for by the participating employer; compensation paid to a temporary employee, an exempt employee, or an employee otherwise ineligible for service credit; any payments upon separation, including accumulated vacation, sick leave payments, severance payments, compensatory time payments, or any other special payments; or any allowances or payments to a member for costs or expenses paid by the participating employer, including automobile costs, uniform costs, travel costs, tuition costs, housing costs, insurance costs, equipment costs, and dependent care costs...” U.C.A. § 49-12-102(2)(c), U.C.A. § 49-13-102(2)(c), and U.C.A. § 49-22-102(2)(c).
Gift cards, gift certificates, pre-paid debit cards (except when used for the regular distributions of wages), and other cash equivalents may not be included for retirement purposes. Board Resolution 2013-06.
“Compensation means the total amount of payments that are includable in gross income which are received by a public safety service employee as base income for the regularly scheduled work period. The participating employer shall establish the regularly scheduled work period. Base income shall be determined prior to the deduction of member contributions or any amounts the public safety service employee authorizes to be deducted for salary deferral or other benefits authorized by federal law. Compensation includes performance-based bonuses and cost-of-living adjustments...” Utah Codes Ann., U.C.A. § 49-14-102(1)(a)(b), U.C.A. § 49-15-102(1)(a)(b), and U.C.A. § 49-23-102(1)(a)(b).
Under this definition, compensation may not exceed the amount allowed under Internal Revenue Code § 401(a)(17).
“Compensation does not include: overtime; sick pay incentives; retirement pay incentives; the monetary value of remuneration paid in kind, including a residence, use of equipment or uniform, travel, or similar payments; a lump-sum payment or special payments covering accumulated leave; and all contributions made by a participating employer under this system or under any other employee benefit system or plan maintained by a participating employer for the benefit of a member or participant...” Utah Codes Ann., U.C.A. § 49-14-102(1)(c), U.C.A. § 49-15-102(1)(c), and U.C.A. § 49-23-102(1)(c).
Gift cards, gift certificates, pre-paid debit cards (except when used for the regular distributions of wages), and other cash equivalents may not be included for retirement purposes. Board Resolution 2013-06.
“Compensation means the total amount of payments that are includable as gross income, which are received by a firefighter service employee as base income for the regularly scheduled work period. The participating employer shall establish the regularly scheduled work period. Base income shall be determined prior to the deduction of member contributions or any amounts the firefighter service employee authorizes to be deducted for salary deferral or other benefits authorized by federal law. Compensation includes performance-based bonuses and cost-of-living adjustments...” Utah Codes Ann., U.C.A. §49-16-102(1)(a)(b), and § 49-23-102(1)(a)(b).
Under this definition, compensation may not exceed the amount allowed under Internal Revenue Code § 401(a)(17).
“Compensation does not include: overtime; sick pay incentives; retirement pay incentives; remuneration paid in kind such as a residence, use of equipment, uniforms, travel, or similar payments; a lump-sum payment or special payments covering accumulated leave; and all contributions made by a participating employer under this system or under any other employee benefit system or plan maintained by a participating employer for the benefit of a member or participant...” Utah Codes Ann., § 49-16-102(1)(c), and §49-23-102(1)(c).
Gift cards, gift certificates, pre-paid debit cards (except when used for the regular distributions of wages), and other cash equivalents may not be included for retirement purposes. Board Resolution 2013-06.
“Compensation means the total amount of payments which are currently includable in gross income made by a participating employer to a member of this system for services rendered to the participating employer. Compensation includes: performance-based bonuses; cost-of-living adjustments; payments subject to Social Security deductions; any payments in excess of the maximum amount subject to deduction under Social Security law; amounts which the member authorizes to be deducted or reduced for salary deferral or other benefits authorized by federal law; and member contributions...” Utah Codes Ann., § 49-17-102(1)(a)(b), and §49-18-102(1)(a)(b).
Under this definition, compensation may not exceed the amount allowed under Internal Revenue Code § 401(a)(17).
“Compensation does not include: the monetary value of remuneration paid in kind, such as a residence or use of equipment; all contributions made by a participating employer under any system or plan for the benefit of a member or participant; salary paid to a temporary or exempt employee; payments upon separation or any other special payments including early retirement inducements; or uniform, travel, or similar payments...” Utah Codes Ann., § 49-17-102(1)(d), and §49-18-102(1)(d).
Refer to the Compensation Table to determine what type(s) of pay qualify for use as retirement salary in applicable retirement systems.
Employers can direct questions about specific types of payments to the Employer Services Department at 801-366-7318 or 800-753-7318 (please note, these lines are for employer use only).
Gift cards, gift certificates, pre-paid debit cards (except when used for the regular distributions of wages), and other cash equivalents may not be included for retirement purposes. Board Resolution 2013-06.
Public Employees Retirement Eligible Reportable Compensation
Firefighters Eligibility and Reporting
Public Safety Eligibility and Reporting