SERS is e-mailing all their retirees with the following ‘heads-up’ –

"You are receiving this email to inform you that federal taxes were under withheld on your January 2023 SERS benefit check. Federal withholding will be correct on your February 2023 benefit check. We apologize for any inconvenience this has caused. You don’t have to do anything, but you can change your monthly federal withholding by completing and submitting a new W-4P, which you can find HERE"

* * * * Latest Update from SERS - -1/19/2023 * * * *

SERS just confirmed. NO DOUBLING of FEBRUARY Withholding.

There will be no adjustment of the withholding for January by the State. February checks will have the correct amount of withholding for one month. If you wish to adjust your W4 to makeup for the error you may get the forms from the SERS website. You can also make an estimated payment for 2023 taxes through the website or wait until 2023 taxes are completed next year and be prepared for a reduced refund or to owe the amount of the January error.