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PTS Deferred Compensation Retirement Plan Employee Information Booklet for State of Hawaii Part-Time, Temporary and Seasonal/Casual Employees Contents Introduction.........................................................................................

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What is pts deferred compensation?

Pts deferred compensation is a type of retirement plan that allows employees to defer receiving a portion of their compensation until a later date.

Who is required to file pts deferred compensation?

Employees who participate in a pts deferred compensation plan are required to file the necessary paperwork with their employer.

How to fill out pts deferred compensation?

To fill out pts deferred compensation, employees must follow the instructions provided by their employer and accurately report the amount of compensation they wish to defer.

What is the purpose of pts deferred compensation?

The purpose of pts deferred compensation is to allow employees to save for retirement by deferring a portion of their compensation until a later date when they may be in a lower tax bracket.

What information must be reported on pts deferred compensation?

Employees must report the amount of compensation they wish to defer and any relevant tax information.

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