Service Charge Rates
The State Controller's Office (SCO) has updated the 2023-2024 deduction service charges to include cost adjustments that were unknown at the time the original rates were calculated, such as the General Salary Increase (GSI) and other salary adjustments recently approved.
The updated rates are effective July 1, 2023. Adjustments from the months previously collected (July 2023 - December 2023) will be processed as a one-time rate change in the January 2024 business month (business month remittances issue date February 1, 2024) as outlined in the "One-Time Rate Increase" table.
Updated 2023-2024 rates in the "Updated 2023-2024" table will be reflected within the February 2024 business month (business month remittances issue date March 1, 2024).
The SCO deduction service charges rates are as follows:
Original 2023-2024 Rates
| Deduction Type | File Transfer Protocol Input | Paper Input |
|---|---|---|
| Miscellaneous | $0.40 | $0.64 |
| Deferred Compensation | $0.40 | |
| CSU Tax Sheltered Annuity | $0.40 | |
| Health Benefits | $0.40 | |
| Dental, Life, LTD, Vision & Legal Benefits | $0.40 | $0.64 |
Updated 2023-2024 Rates
| Deduction Type | File Transfer Protocol Input | Paper Input |
|---|---|---|
| Miscellaneous | $0.42 | $0.66 |
| Deferred Compensation | $0.42 | |
| CSU Tax Sheltered Annuity | $0.42 | |
| Health Benefits | $0.42 | |
| Dental, Life, LTD, Vision & Legal Benefits | $0.42 | $0.66 |
2023-2024 Rate Variances
| Deduction Type | File Transfer Protocol Input | Paper Input |
|---|---|---|
| Miscellaneous | $0.02 | $0.02 |
| Deferred Compensation | $0.02 | |
| CSU Tax Sheltered Annuity | $0.02 | |
| Health Benefits | $0.02 | |
| Dental, Life, LTD, Vision & Legal Benefits | $0.02 | $0.02 |
One-Time Rate Increase
| Deduction Type | File Transfer Protocol Input | Paper Input |
|---|---|---|
| Miscellaneous | $0.54 | $0.78 |
| Deferred Compensation | $0.54 | |
| CSU Tax Sheltered Annuity | $0.54 | |
| Health Benefits | $0.54 | |
| Dental, Life, LTD, Vision & Legal Benefits | $0.54 | $0.78 |