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PEACH STATE RESERVES ANNUAL LEAVE AGREEMENT State of Georgia 457 Plan Section A Participant Identification Type or print clearly in ink. Name Employee ID Section B ANNUAL LEAVE DEDUCTIONS EXPLANATION Employees may make a deduction from their Annual Leave payout and contribute this amount to the Peach State Reserves 457 Plan ONLY. Payroll offices should assist employees in making the calculation as follows Total Value of Annual Leave Minus taxes for Medicare and Social Security paid on total...

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What is peach state reserves?

Peach State Reserves is a financial reserve fund established by the state of Georgia to ensure the availability of funds for unforeseen expenses.

Who is required to file peach state reserves?

All state agencies, departments, and institutions are required to file Peach State Reserves.

How to fill out peach state reserves?

To fill out Peach State Reserves, the responsible agency or department must submit a detailed budget request outlining the anticipated needs and justifications for the requested funds.

What is the purpose of peach state reserves?

The purpose of Peach State Reserves is to provide a contingency fund for emergency situations, unexpected expenses, and other financial needs that may arise throughout the year.

What information must be reported on peach state reserves?

The report for Peach State Reserves must include the requested amount, the purpose of the funds, and a detailed explanation of why the funds are necessary.

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