What contributions to the ASRS are considered “pre-tax” and “after-tax”?
Regular retirement contributions on or after July 1, 1986, amounts contributed under a Payroll Deduction Agreement program, and amounts rolled over from another tax-qualified retirement plan are considered “pre-tax,” meaning they are deducted from a member’s pay before income tax withholding. It also is referred to as “tax-deferred.” Contributions to the LTD program, contributions paid by members before July 1, 1986, or amounts paid by members to buy credited service other than through a PDA are considered “after-tax,” referring to amounts paid from taxable income.
