CUNY Bulletin No. CU-321

Subject
Rate Changes for the CUNY Transit Benefit TSA Program
Date Issued
December 31, 2007

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.