Data Dictionary
Item Number 4160
PENSIONS AND OTHER EMPLOYEE BENEFITSCall confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| RIAD4160 | 1969-12-31 | 1975-12-31 | No | FFIEC 011 |
Data Description:
Includes all supplementary benefits, other than direct compensation, included in "Salaries and Wages of Officers and Employees (4140)" and "Occupancy Expense of Bank Premises, Net (4205)", paid or accrued during report period on behalf of all officers and employees, exclusive of building department personnel. Does not include direct compensation of the type reported on Form W-2. Includes: bank's own contribution to its retirement or pension fund for current period; life insurance premiums (net of dividends received) and hospitalization insurance paid by bank; unemployment and social security taxes paid by bank on its own account; net cost of bank for employee dining rooms, restaurants, and cafeterias (exclusive of salaries and wages); cost of medical or health services (exclusive of salaries and wages); and other so-called fringe benefits for officers and employees. Also includes total expenditures under profit sharing plans that allow officers and employees an option as to the portion to be received as current compensation or to be held and invested by bank.
Excludes expenses related to: testing, training, and education of officers and employees; cost of bank newspapers and magazines; premiums on life insurances when bank is beneficiary; athletic activities when purpose maybe construed to be for bank or public relations with incidental employee benefits. These amounts are included in "Other Operating Expenses (4240)."