Purpose
To explain OSC processing for certain general deduction codes.
Affected Employees
Employees who currently have one of the following deductions:
- 404 TIAA SRA (SUNY)
- 405 TIAA TDA (SUNY)
- 415 UUP TDA (SUNY)
- 432 Education TDA Copeland (Education)
Effective Date
Payroll deductions will begin with checks dated January 2, 2002
OSC Processing
OSC will continue these deductions in 2002 at their current rate if no end date has been previously reported, or until a future end date has been reported.
OSC will automatically zero out the goal balance if the employee had a deduction in the 2000 - 2001 year.
OSC will produce and mail a listing of employees who will have their deduction continued in 2002 if no agency action is taken.
OSC will end date these deduction codes if the employee status is Terminated, Retired or Deceased.
Agency Actions
It is the Agencies responsibility to verify the listing. If there is a change to the employee's current deduction or goal amount, the Agency should update the general deduction panel accordingly.
Questions
Questions regarding this bulletin may be directed to the Payroll Deduction mailbox.