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Without a pick-up plan, employee contributions to a qualified pension plan are generally taxable at the time the contribution is made. A pick-up plan allows deferral of the income taxes on the employee's required contribution amount.
You are considered an Ohio State retiree if you are eligible to receive an OPERS or STRS benefit and at the time of retirement you have 10 years of continuous Ohio State service in a regular appointment of at least a 50% FTE.
Under no circumstances should an employer use its employee performance review process to evaluate the work done by an independent contractor. It is also advisable to require independent contrac-tors to provide periodic progress reports and to submit regular invoices as defined tar-gets are met.
An Ohio Public Employees Retirement System (OPERS) Independent Contractor/Worker Acknowledgement Form (PEDACKN) is required for: New independent contractors/sole proprietors. Payments that are submitted for an existing independent contractor or sole proprietor.
Click the Browse button, locate your file containing OPERS data, select it by clicking on the name of the file, and then click the Open button. The file location field will be populated. Click Continue for Verification to upload your file to OPERS.