Date: December 13, 2000
Bulletin No. CU-103
|Subject||Tax Deferred Annuity (TDA) and Supplemental Retirement Annuities (SRA) reporting for the year 2001.|
instructions for continuing or starting these deductions in 2001.
NOTE: No agency action is required for the January 11, 2001 paycheck, if the rate remains the same and no end date has been reported.
Eligible for the following Deductions:
403 CUNY TIAA SRA
413 NBE TDA
414 New York Teachers TDA
417 Professional Staff Congress TDA
419 Copeland TDA
|Effective Date||Payroll deductions for 2001 will begin with checks dated January 11.|
will continue these deductions in 2001 at their current rate with the current
goal amount, if no end date has previously been reported, or until a future end
date has been reported.
OSC will automatically zero out the goal balance if the employee had a deduction in the 1999 - 2000 calendar year.
OSC will produce and mail a listing of employees who will have their deduction continued in 2001 if no agency action is taken. OSC will zero out the goal balance at the end of each calendar year.
|Agency Processing Instructions to Change Existing Deductions or Report New Deductions||
1.After logging into PaySR, access the Gen
Deduction Data (Agency) panel by Start - Compensate Employees - Maintain
Payroll Data U.S. - Use - Gen Deduction Data (Agency) - Update/Display
2. Enter the employee’s ID.
3. The employee’s ID (ID), employee record number (Empl Rcd#) and Name appear highlighted in the List Box. Click Select.
4. Determine if the employee already has a deduction record for the specific TDA/SRA reported by the vendor by scrolling through the deduction codes using the outer scroll bar.
If a record with the same deduction code already exists, click on the top of the inner scroll bar, insert a row and continue with step 6.
If there is not an existing row for this deduction code, click on the outer scroll bar, insert a row and continue with step 5.
an employee currently has another TDA deduction code and is currently having a
deduction, contact the employee or vendor. An employee may not participate with
more than one TDA vendor at a time.
|Questions||Questions regarding this bulletin may be directed to the University Manager of Payroll Systems and Operations at CUNY Central Office.|