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 dated January 3, 2008. |
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 deductions codes:
Pre-Tax Deduction Code 438:
Current
Amount |
|
New
Amount |
|
| Option A & D |
$55.00 |
Option A & D |
$57.50 |
| Option B |
$55.00 |
Option B |
$57.50 |
| Option C |
$55.00 |
Option C |
$57.50 |
Post-Tax Deduction Code 439:
Current
Amount |
|
New
Amount |
|
| Option A & D |
$33.83 |
Option A & D |
$31.33 |
| Option B |
$35.20 |
Option B |
$32.70 |
| Option C |
$37.25 |
Option C |
$34.75 |
|
CUNY Benefits Office Actions |
The CUNY University Benefit 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 3, 2008. |
Questions |
Questions regarding this bulletin may be directed to the University Manager of Payroll Systems and Operations at CUNY Central Office. |
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