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Date:December 29, 2006
Bulletin Number: CU-283
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Subject

Rate Changes for the CUNY Transit Benefit TSA Program

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.