To advise agencies of a decrease in the supplemental wage flat withholding rate from 28% to 27.5%.
Any employee who receives a supplemental wage for a payment in PaySR.
To request a copy of the 15T- New Withholding Tables for 2001, contact the IRS at the toll free number 1-800-829-3676 or visit their website at www.irs.ustreas.gov to view this publication.
New rates will be reflected in the Institution checks dated August 9, 2001 and Administration checks August 15, 2001 for employees who received a supplemental wage.
Questions regarding this bulletin may be directed to the Payroll Deductions mailbox.