Purpose
The purpose of this bulletin is to provide agencies with instructions for processing PSC lump sum payments.
Affected Employees
CUNY employees in the titles of Assistant to HEO, EOC Assistant to HEOare affected.
Background
Per an Addendum to the 12/01/2017 – 02/28/2023 Memorandum of Agreement between the CUNY and the PSC, employees in the titles of Assistant to HEO and EOC Assistant to HEO will receive a lump sum payment in the amount of $1,000 to fulfill the agreement for an increase effective 02/01/2021. Employees in the titles of Lecturer, Visiting Lecturer, Lecturer/Doctoral Schedule, Visiting Lecturer/Doctoral Schedule, CLIP Instructor, CUNY Start Instructor, EOC Lecturer and EOC Lecturer Doctoral Schedule will receive a lump sum payment in the amount of $1,500 to fulfill the agreement for an increase effective 04/01/2021.
Effective Dates
The lump sum payment for employees in the following titles is effective 02/01/2021: Assistant to HEO and EOC Assistant to HEO.
The lump sum payment for employees in the following titles is effective 04/01/2021: Lecturer, Visiting Lecturer, Lecturer/Doctoral Schedule, Visiting Lecturer/Doctoral Schedule, CLIP Instructor, CUNY Start Instructor, EOC Lecturer and EOC Lecturer Doctoral Schedule.
Lump sum payments will be processed in Institution Pay Period 1L/2C for the paychecks dated 04/22/2021.
Eligibility Criteria
Employees must be in one of the above specified titles and have a payroll status of Active, Leave with Pay, or approved Leave of Absence on the corresponding payment effective date in order to receive the lump sum payment.
Note: The value of the lump sum payment must be prorated for employees with a work percentage other than 100% on the payment effective date.
Agency Actions
Agencies must submit the following information on the Time Entry page or Time Entry Interface (NPAY502) using Earnings Code CBP – CUNY Bonus Payment to pay the lump sum payment to eligible employees:
Earnings Begin Date: | 02/01/2021 or 04/01/2021 depending on title |
---|---|
Earnings End Date: | Same as effective date |
Earnings Code: | CBP |
Amount: | $1,000 or $1,500 or prorated amount based on title |
Retirement and General Deductions
The CUNY Bonus Payment (CBP) is included as salary for retirement purposes. Deductions will be taken from this payment for normal retirement contributions, garnishments and federal levies.
Tax Information
The CUNY Bonus Payment (CBP) is supplemental taxable wages, will be included in the employee’s taxable gross and is subject to all employment taxes and income taxes.
Federal, State and New York City income tax withholding will be calculated using the Aggregate method. Yonkers income tax withholding will be calculated using the Flat Rate method (1.61135% for Yonkers residents and 0.50% for Yonkers non-residents).
Questions
Questions regarding transactions may be directed to the Payroll Earnings mailbox.
Questions regarding Deductions may be directed to the Payroll Deduction mailbox.
Questions regarding Taxes may be directed to the Tax and Compliance mailbox.