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State Tax Withholding Notice

If you live in one of the following 16 states, in February 2016 you may have received a letter and state tax withholding certificate from Pension Fund about your state's mandatory state tax withholding for the account(s) in payout status:

  • Arkansas
  • California
  • Delaware
  • Georgia
  • Iowa
  • Kansas
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Nebraska
  • North Carolina
  • Oklahoma
  • Oregon
  • Vermont
  • Virginia

As provided in the letter, changes in your mandatory state tax withholding elections designated in your returned certificate (or applicable state default rate if you did not return the certificate) will be applied to your April 1, 2016 distributions and may impact the monetary amount you receive.

If you have questions about your state tax withholding elections, please contact Pension Fund at 866.495.7322 or pfcc1@pensionfund.org. If you do not live in one of the states listed above, your state tax elections were not altered and remain the same.