Subd. 1. Social security coverage.

In accordance with section 218(d)(6)(C) of the Social Security Act, the judges retirement fund is divided into two parts:

1. (a) the first part is composed of judges in office on and after December 31, 1973, who elected not to have coverage under an agreement pursuant to section 218(d) of the Social Security Act in the referendum authorized pursuant to Laws 1973, chapter 744, sections 7 and 8;
2. (b) the second part is composed of judges in office on and after December 31, 1973, who elected to have coverage under an agreement pursuant to section 218(d) of the Social Security Act in the referendum authorized pursuant to Laws 1973, chapter 744, sections 7 and 8 and of judges first entering office after December 31, 1973, whose service constitutes "employment" as defined in the Social Security Act.

Subd. 2. Employer contributions.

For services by judges referred to in subdivision 1, clause (b), the state court administrator shall pay an employer contribution on wages equal the employer tax rate imposed by the Federal Insurance Contributions Act.

Subd. 3. Employee contributions.

For services by judges referred to in subdivision 1, clause (b), the judge shall pay an employee contribution on wages equal to the employee tax rate imposed by the Federal Insurance Contributions Act. The contribution must be made by payroll deduction.

Subd. 4. Delinquent contributions.

Any delinquent contribution shall be payable with interest at the rate of six percent per annum.

Subd. 5. Administrative expenses.

Every employing unit shall reimburse the state agency for its pro rata share of the cost of the administration of the agency in accordance with rules which the state agency prescribes. Reimbursements of administrative expenses shall be paid to the state agency revolving fund.

Subd. 6. Reports.

Every employing unit shall make whatever reports in whatever form and containing whatever information which the state agency may from time to time require, and shall comply with whatever provisions which the state agency or the secretary of the federal Department of Health and Human Services may find from time to time necessary to assure the correctness of the reports.