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R2003-37 AUTHORIZING AGREEMENT
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R2003-37 AUTHORIZING AGREEMENT
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Last modified
1/14/2016 11:18:46 AM
Creation date
1/14/2016 11:18:37 AM
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Resolution/Ordinance
Res Ord Num
R2003-27
Res Ord Title
AUTHORIZING AGREEMENT - GENERAL GOVERNMENT SOFTWARE AND SERVICES
Approved Date
3/3/2003
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EXHIBIT 7 <br /> STATE OF ILLINOIS REPORTING REQUIREMENTS <br /> The System will support the following State of Illinois Payroll Reporting Requirements: <br /> 1. IMRF (Illinois Municipal Retirement Fund)reporting requires that a person on temporary <br /> total disability have the amount of external payment added to his/her individual reportable <br /> gross income. Client's current system allows update to the amount. This update is not <br /> stored in our system but is only used in reporting. This file is electronic. <br /> 2. W2 reporting must include the ability to update the Fire and Police personnel that have <br /> had IOD (injured on duty)by reducing the FIT and SIT taxable gross. The amount of <br /> reduction to the Federal and State taxable gross is the actual amount of IOD incurred <br /> within the year. Some input of modifying the FIT and SIT amounts must be present in the <br /> System to comply with this requirement. <br /> 3. W2 reporting must include the benefit scheme of reporting Group Term Life Insurance <br /> taxable amounts in excess of the defined Federal amount. Client currently does this in its <br /> existing payroll system. Also any other benefit that is reportable such as car allowance. <br /> 4. Replacement payroll system must generate the electronic file required Pensions, State, <br /> SSA, and Federai reporting. <br />
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