Field Description - Ret-ME Total Insurance Premium

The Total Insurance Premium is the total of the employee amount and employer amount for an employee's MainePERS insurance premium:

Total Insurance Premium =

MTD Basic Insurance Withholding Amount for employee) +
MTD Supplemental Insurance Withholding Amount for employee +
MTD Dependent Insurance Withholding Amount for employee +
Employer Basic Insurance Premium
+
Employer Supplemental Insurance Premium
+
Employer Dependent Insurance Premium

 

Where-Used:  MSR Build Monthly Work File and Retirement Detail Report