1-If you defer any amount of your retroactive pay you will still pay: Social Security tax 6.2%+ Medicare tax 1.45%=7.65% in taxes on the deferred portion of your retroactive pay. If you designate the entire amount of the retroactive, your Read more…
It was nice to have TWU International Reps Andrew Rangolan and Christina Scott at our office for coffee and bagels.
You should start seeing this email in your inbox View in browser Payroll July 31, 2023 To: NYCT & MAB Employees eligible for the TSO 106 Maintenance Supervisors Retroactive Wage AdjustmentFrom: Tax Favored ProgramsRe: Retro Pay 401(k)/457 Plan Deferrals: Read more…
I had a very good positive conversation with Labor Relations today, and discussions right now are about one or two complicated issues regarding changes to the wage progression. I am not telling you we are getting pay parity because I Read more…
Local 100 is hosting a Pre-Retirement Pension Seminar which we have been invited again to attend. You can register by using the QR code on the flyer. The date and time: Friday August 25, 2023, From 8:30 to 14:00.
MaBSTOA and Queens–Deferred Compensation Notice Starts on August 1st, Deadline to Make an Election into Deferred Compensation August 31st and Retro Check Due September 14, 2023. Subway MS II—Deferred Compensation Notice Starts on August 14th, Deadline to Make an Election Read more…
All Salary Caps have been lifted and reset. If you were on the Salary Cap you may now work overtime. There is an issue though, because they have not figured out how to make this programing change in their systems, Read more…
Contract negotiations are very tricky, so I need to be careful on what I say but what I can tell you is this, we met with Labor Relations and Management again today to hear their latest contract proposal. And we Read more…
Today, our President, Vice President and three Transportation Chairman met with MTA Senior VP of Buses, Frank Annicaro and VP John Pillartz to discuss the recent assaults on our Road Dispatchers by the public. It’s impossible to prevent all assaults Read more…
We sadly announce the passing of MSII Eric Anderson. Eric worked for the Transit Authority for 32 years and was 59 years old. This is another tragic example of why we need the Death Gamble Bill passed by Albany. Eric Read more…