Purpose
To inform agencies of automatic rate changes
Affected Employees
Employees who participate in the CUNY Transit Benefit TSA Program and are enrolled in the Express Bus Rider Plan
Effective Date(s)
Paychecks date 01/04/2007 (Institution)
OSC Actions
At the request of CUNY University Benefits Office, OSC will automatically increase biweekly pre-tax contribution rates and decrease the biweekly post-tax contribution rates for employees enrolled in the Express Rider Plan for the following deduction codes:
Pre-tax Deduction Code 438:
Current Amount | New Amount | ||
---|---|---|---|
Option A & D | $52.50 | Option A & D | $55.00 |
Option B | $52.50 | Option B | $55.00 |
Option C | $52.50 | Option C | $55.00 |
Post-tax Deduction Code 439:
Current Amount | New Amount | ||
---|---|---|---|
Option A & D | $36.33 | Option A & D | $33.83 |
Option B | $37.70 | Option B | $35.20 |
Option C | $39.75 | Option C | $37.25 |
CUNY Benefits Office Actions
The CUNY University Benefits Office has prepared a notification for agencies to send to all employees enrolled in this program informing them of these changes.
Agency Actions
New rate amounts must be used for all future enrollments beginning in checks dated January 4, 2007.
Questions
Questions regarding this bulletin may be directed to the University Manager of Payroll Systems and Operations at CUNY Central Office.