Pre-Tax Deduction for Parking Fees, Vanpool, and Bus Passes
Effective in January, payroll deductions for parking fees, vanpool, and bus passes will change from a post-tax deduction to a pre-tax deduction. This is a result of recent federal tax law changes. Employees who are paid monthly will see the pre-tax deduction on their paycheck dated Jan. 31. Those who are paid biweekly will see the pre-tax deduction on their paycheck dated Jan. 30. UW System is working with the Department of Employee Trust Funds (ETF) on approval and possible re-implementation of the Parking & Transit Accounts through ConnectYourCare (CYC). Information will be shared with employees as it becomes available.