PAYCHECK ABBREVIATIONS - Bloomfield Hills

1 PAYCHECK ABBREVIATIONSF iscal year (July 1 - June 30) EARNINGSDESCRIPTIONTAXFEDERALSTATEFICA-O ASDIFICA-HI**RETIREMENT GROSSR eitrement earningsTaxableYesYesYesYesRETIREES PAYNon-retirement earningsTaxableYesYesYesYesSTUDENTS PAYNon-retirement earningsTaxableYesYesYesYesCalendar year (Jan 1 - Dec 31)EARNINGSDESCRIPTIONNR FLEX OPT OUTCash in lieu of Medical InsuranceTaxableYesYesYesYesNR FLEX-RISK $Health Risk Assessment Rebate for annual physicalTaxableYesYesYesYesNR TAXABLE LIFET axable value of life insurance in excess of $50,000 TaxableYesYesYesYesTAXESDESCRIPTIONFICAF ederal Insurance Contribution Act - OASDI Old, Age, Survivor Disability Insurance (SOCIAL SECURITY) - HI Health Insurance (MEDICARE) Income TaxTax TableSTATE MIState Income Tax - Filing Status Number of allowances Examples S (Single) M (Married) # M2 S1 PONTIAC MILocal Income Tax - MILocal Income Tax - DEDUCTIONSP ercentageThe following deductions are deducted before some taxes are calculated PRETAX - subject to FICA taxesFEDERALSTATEFICA-OASDIFICA-HIMIP FIXEDM ember Investment Plan Fixed Benefit GRADEDM ember Investment Plan Graded Benefit PlanGraded %NoNoYesYesMIP PLUS & HYBDM ember Investment Plan Plus Benefit PlanGraded %NoNoYesYesEE BASIC 4%Basic 4% Benefit Plan4%NoNoYesYesEE MIP 7%Member Investment Plan (MIP)

2 7% Benefit Plan7%NoNoYesYesEE HYBRID DCDefined Contribution-Pension Plus and DC Benefit Plans2%/6%NoNoYesYesEE PHF 2%Personal Health Fund2%NoNoYesYesMIP HEALTH ADJIf adjustment is needed to MIP deductionsNoNoYesYesTDP RETIRE Tax Deferred PaymentNoNoYesYes PRETAX - non taxableRETIRE HLTH XMTR etire Health Plan Contribution3%NoNoNoNoELECTED DEDUCTIONS PRETAX - non taxableFEDERALSTATEFICA-OASDIFICA-HIER HSA LUMP SUMH ealth Saving Plan District ContributionNoNoNoNoEE Saving PlanNoNoNoNoER FSA LUMP SUMF lexible Saving Account District ContributionNoNoNoNoHC-REIMBURSEMENTH ealth Care ReimbursementNoNoNoNoCHILD CARE REIMC hild Care ReimbursementNoNoNoNoPRETAX PREM-MEDP remium - MedicalNoNoNoNoPRETAX PREM-DENP remium - DentalNoNoNoNoPRETAX PREM-VISP remium - VisionNoNoNoNoEE-EMP OPT LIFEE mployee Optional Life Insurance PremiumsNoNoNoNoThe following items are deducted after taxes are calculated POST TAX DEDUCTIONSEE-DEP OPT LIFED ependent Optional Life Insurance PremiumsLT CARE INS 1 Long Term Care Insurance Plan 1 PremiumsLT CARE INS 2 Long Term Care Insurance Plan 2 Premiums