January 2013

Changes in Taxes

January 2013

You may have noticed a difference in your January 10, 2013 paycheck. This is because the temporary reduction in the Social Security payroll tax rate (4.2%) for employees for the last two years expired on December 31, 2012

Upcoming Training

January 2013

In order to better assist leaders with the responsibility of evaluating their staff, Central Office Human Resources (COHR) and the Office of Professional Development and Learning Management (PDLM) have contracted with the Citywide Training Center of the New York City Department of Citywide Administrative Services (DCAS) to facilitate four (4) half-day training workshops entitled “Conducting Effective Performance Evaluation Conferences” for this January 2013

New 2013 Pre-Tax Transit Limits and Impending Transit Fare Hike

January 2013

The recently enacted American Taxpayer Act of 2012 increased the monthly pretax limit to $240. The IRS has now released an annual inflation adjustment raising both the transit and parking monthly pretax limits to $245 for 2013.

Hurricane Sandy Relief

January 2013

Employees whose principal residence or place of employment was located in a county that has been declared a disaster area due to Sandy damage may qualify to get hardship distributions or loans under less stringent rules than normal.

CUNY Policy and Procedures on Equal Opportunity, Non-Discrimination, and Against Sexual Harassment

January 2013

The University’s Board of Trustees adopted the revised Policies on Equal Opportunity, Non-Discrimination, and Against Sexual Harassment