Subject
New Deduction Codes 580 City University of New York Medicare Deficiency Flat Rate and 581 City University of New York Social Security Deficiency Flat Rate
Date Issued
March 2, 2016
Purpose
To inform agencies of the new flat rate deduction codes that will be used to recover Medicare and Social Security tax deficiencies for City University of New York (CUNY) employees.
Affected Employees
CUNY employees with Medicare and/or Social Security deficiency
Effective Date(s)
Institution pay checks dated 3/17/2016
OSC Actions
OSC will process deficiency deduction transactions using the new deduction codes when applicable.
Agency update access is not available for this deduction.
Agency Actions
Notify affected employees.
Questions
Questions regarding this bulletin may be directed to the Payroll Deductions mailbox.
Questions regarding Medicare and/or Social Security tax deficiencies may be directed to the Tax and Compliance mailbox.