OSPS E-News ~ Oregon Savings Growth Plan limit reminder, plus new contact information

[Announcements from OSPS to the users of the Oregon State Payroll Application]

Hello Payroll Professionals,

The following is being forwarded on behalf of Kathy Gannon at OSGP.


Just a friendly reminder to monitor the Oregon Savings Growth Plan (OSGP) deferral limits for any employees retiring on January 1, 2017 and who will receive a 13th paycheck in 2016.

The 2016 annual limit is $18,000 for those under age 50. The 50-Plus Catch-up Provision limit is $24,000 for age 50 or older and $36,000 for the special 3-Year Catch-up Provision.  Should this situation arise, please contact Kathy Gannon at 503-603-7609.

Also, we have new phone numbers:

Employees
Main OSGP number 1-888-320-7377
Fax Numbers   503-603-7655

Payroll personnel use only
Kathy Gannon                   503-603-7609
Doug Pederson                503-603-7622
Vitaly Putintsev                 503-603-7619
Dee Monday                     503-603-7617
Fax Numbers                    503-603-7655 & 503-603-7651

Thank You!

Oregon Savings Growth Plan (OSGP)
kathleen.m.gannon at state.or.us<mailto:kathleen.m.gannon at state.or.us>
Phone - 503-603-7609
Fax - 503-603-7655
OSGP web site osgp.voya.com

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