Changes to Federal Tax Withholding on Monthly Retirement Payments

Probably – changes to the federal tax laws could affect your ERS retirement annuity payment. Your monthly payment from ERS could be more or less, based on changes to the law. How much is taken out each month depends on a number of things, including:

  • the amount of your monthly annuity,
  • any non-taxable dollars you contributed to the ERS retirement plan,
  • how you complete your Form W-4P.

You should see the change in the monthly payment you get at the end of January.

Usually, federal tax laws go into effect at the beginning of the new calendar year, and ERS works to make changes to retirement payments as soon as possible.

They can change every year, normally at the beginning of the year, depending on action taken by Congress and/or the Internal Revenue Service (IRS). If there is a change, we make needed updates as soon as possible after the IRS releases the new withholding rates.

You can see any federal tax-based changes to your monthly payment each year on or after January 24 by signing in to your ERS OnLine account.
To do this:

  1. Click “My Account Login” in the upper right corner of this webpage.
  2. Click the “Proceed to Login” button if you already have an ERS OnLine account.
    Click “Register Now” if you don’t have an ERS OnLine account yet, and follow the instructions for setting up your account. (It takes just a few minutes.)
  3. Click the “View Payment” link under My Payroll Information.

Yes. You can see your monthly payments from ERS, including deductions, by signing in to your online account.
To do this:

  1. Click "My Account Login” in the upper right corner of this webpage.
  2. Click the “Proceed to Login” button if you already have an ERS OnLine account.
    Click “Register Now” if you don’t have an ERS OnLine account yet, and follow the instructions for setting up your account. (It takes just a few minutes.)
  3. Click the “View Payment” link under My Payroll Information.

You can estimate and/or change federal tax withholding by signing in to your online account.
To do this:

  1. Click “My Account Login” in the upper right corner of this webpage.
  2. Click the “Proceed to Login” button if you already have an ERS OnLine account.
    Click “Register Now” If you don’t have an ERS OnLine account yet and follow the instructions for setting up your account. (It takes just a few minutes.)
  3. Click the “W-4 Tax Information” link under My Payroll Information.
  4. Follow the prompts to estimate and/or change your withholding.

Federal law requires us to implement the IRS’ changes to the tax withholding tables as soon as possible.

No. Tax laws affect each person differently, and ERS is unable to provide tax advice. We encourage you to talk with a tax professional.

ERS is unable to provide tax advice. We encourage you to talk with a tax professional.