What is the percentage for OASDI and Medicare taxes? The tax percentage for OASDI Tax is 6.2% and the tax percentage for Medicare tax is 1.
Top of Page • Why isn’t FICA tax being taken out of my check? Pitney Bowes breaks FICA tax down into two parts: Social Security and Medicare. Social Security is Old-Age Survivors and Disability Insurance and Medicare is Medicare Health Insurance. Together they form the mandatory federal tax called FICA. Top of Page • Where will my W-2 statement be mailed? The W-2 statement will be mailed to the employee?s permanent address. Top of Page • I don’t understand the Retro amount on my paycheck. Where did it come from? The retro amount comes from a retroactive adjustment made in master data or time using a prior period effective date. Top of Page • Why didn?t I get a paycheck? There are several reasons why a paycheck was not generated. • For PBGS employees, no hours worked were entered. • There?s a claim on your paycheck. Claim means reimbursement of overpayment made on your previous paychecks. • Master data error.
