What is the Region 10 457(b) FICA Alternative Plan?
Legislation passed as part of the Omnibus Budget Reconciliation Act of 1990 (OBRA 90) mandates that substitute, temporary and part-time employees participate in either FICA (Social Security Tax) or an alternative plan set up within the guidelines established by the Internal Revenue Service. The deductions for the FICA Alternative Plan (OBRA) are taken out of your paycheck in lieu of deductions normally made to FICA.
