Parking Permit Pay Deduction
Employees may elect to purchase their Parking Permit via monthly payroll check deductions.
Enrollment & Cancellation
Employees purchase Parking Permits and enroll in Payroll Parking Deduction in person at the Parking & Transportation Office. Cancellation and modifications of Permit Type must be completed in the Parking & Transportation office by the 15th of the month to affect the following Monthly payroll. (i.e. make changes by April 15th for the May 1st payday)
Employees may elect either Pre-Tax or Post-Tax Calculation Parking deductions. Election of Pre-Tax or Post-Tax is a month by month basis. Elections cannot be retroactively elected or cancelled.
Pre-Tax Parking: When an employee selects a Pre-Tax deduction, the tax calculation will reduce the employee's Federal Income Tax Withheld deduction, Social Security (OASI & Medicare) deduction, and Taxable Income amount which will result in an increase of Net Pay.
Post-Tax Parking: When an employee selects Post-Tax deduction, the deduction is applied after the tax calculation resulting in no change in an employee's Net Pay based on the tax calculation