Why isn social security (F.I.C.A.) tax withheld from my paycheck?
As an employee of a public institution that contributes to the State Teachers Retirement System (STRS) or School Employees Retirement System (SERS), you are only permitted (and obligated) to have the Medicare portion of social security (currently 1.45%) withheld. NSCC, as the employer, also makes a matching contribution of the 1.45% tax. Click here for more information on how this might influence your social security benefit upon retirement.
