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MCC Daily Tribune Archive

2016 NYS Deferred Compensation Salary Reduction Payroll Deductions

All New York State Deferred Compensation payroll deductions with an annual goal amount greater than $18,000 will end in 2015.  If you wish to continue a payroll deduction in 2016, you will need to complete a form stating your election for 2016 and return it to Human Resources.  The three-part form is available in the Human Resource Office.

For NYS deferred compensation goal amounts less than $18,000, the current 2015 deduction will roll to calendar year 2016.

Please note, you may change your election throughout the year by completing and submitting a form to Human Resources.  Please allow five business days for the change to take effect prior to a payroll period.

Human Resources Team
Human Resources