Marywood University Policy & Procedure Information

Social Security and Medicare

Policy Statement

Lay employees participate in the Social Security system as provided in the Federal Insurance Contributions Act (FICA). The individual employee contributes an amount designated by law through payroll deduction, which is supplemented by the University with an amount designated by law. Benefits are payable at retirement, disability, or death.

Medicare coverage is available upon retirement or disability.


Related Policies



Related Committees



History

07/01/89 - Reaffirmed with publication in institutional manuals