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Date: December 28, 2009

Bulletin Number: 959

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Subject

New Deduction Code 541 (NYSCOPBA Permanent Life Insurance)

Purpose

To notify agencies of a new insurance deduction code.

Affected Employees

Employees in Bargaining Units 01 and 21 represented by the New York State Correctional Officers and Police Benevolent Association (NYSCOPBA).

Effective Date(s)

Administration Paychecks dated January 6, 2010.
Institution Paychecks dated January 14, 2010.

Background

NYSCOPBA has requested a new deduction code for permanent life insurance through New York Life Insurance Company.

OSC Actions

OSC will automatically process deduction transactions using the Deduction Code 541.

Note:  The vendor will submit all transactions using the Deduction Code 541.  Agency update is not available for this deduction.

Agency Actions

Notify effected employees.


Questions

To obtain authorization forms or information about eligibility, employees may contact Roseanne Toohey by e-mail at rtoohey@norvest.net.

Questions regarding this bulletin may be directed to the Payroll Deduction mailbox.