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Benefits Bulletin: Payroll Deductions for Regular Faculty and Staff Employees

All regular, 26-pay faculty and staff employees are reminded that payroll deductions for Maryland State insurance coverages, including flexible spending accounts, are only taken 24 times each calendar year. In 2009, the July 8 paycheck will be the second no-deduction pay for the year. Payroll deductions for supplemental retirement plans, USM Life Insurance and USM Long Term Disability coverage are taken throughout the year.

Questions about the no-deduction pay should be directed to Dave Curtis at x4-6018 and {dcurtis@towson.edu} or Gail Price at x4-6017 and {gprice@towson.edu}.