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1996, which, in addition to announcing completion of the merger,
stated:
West's past success and our future growth, as the legal
publishing headquarters for Thomson, is a reflection of the
tremendous effort of the entire West community. As
announced in February, the Board of Directors approved the
special payout of $1,000 for each year of service, with a
minimum of $5,000 and a maximum of $25,000 per eligible
employee/retiree. The special payment, subject to
applicable tax withholding and any other deductions required
by law, will be distributed on June 24, 1996, in recognition
of the contributions of the more than 6,000 full-time
employees and retirees.
It is our understanding that under current Social Security
law, your Social Security earnings should not be negatively
affected. However, you must report the payment to Social
Security as a "Special Payment" that is the result of your
prior years of West service. A letter detailing the
information you will need to provide to Social Security will
be sent to you with the special payment check.
Shortly thereafter, petitioner received a payment of $25,000 from
the Company. The accompanying cover letter stated, in part, that
the "special payment" was subject to "applicable tax withholding
and any other deductions required by law" and advised that, if
the recipient was a retiree and was receiving Social Security
benefits, the Social Security Administration should be notified
that the $25,000 payment was attributable to years of service
prior to 1996 to avoid any diminution of such retiree's Social
Security benefits due to income "earned" in 1996. Petitioner
notified the Social Security Administration.
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