Beginning January 1, 1984, employer payments to certain supplemental retirement plans, are excluded from wages under the Act. This exclusion applies only to:

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  Qualified plans under the Act which provide cost-of-living adjustments to pension benefits, and

• •

  Plans which are also treated as welfare plans under sec. 3(2)(B)(ii) of the Employee Retirement Income Security Act of 1974.

Develop only if the employer or employee claims that the payments are excluded under either of the above provisions.