Payroll Services

Payroll System Changes

Changes to the Payroll System for the December 2010 RG2 pay cycle:  

1.

New Employee Rate for Social Security

The employee tax rate for Social Security (also called OASI) has been reduced from 6.2% to 4.2% as a result of the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010.

2.

New Federal Income Tax Tables

The Department of the Treasury has issued new federal income tax tables for wages paid after December 31, 2010.  To view the new tax tables to to:

http://www.wsu.edu/payroll/taxes/howto.htm

3.

New Medical Premium Rates

New medical premiums for PEBB sponsored medical plans are in effect for January coverage.  To view the new rates go to:

http://www.wsu.edu/payroll/dev/payroll/deptpay/healthInsTable_2011.htm

Even though this pay cycle is for the period December 16-31, 2010, the medical premiums for the January 10th check is for January coverage.  Therefore, the new rates are in effect now.

To view your current medical and dental carrier, go to the Employee Benefits section within WEBPBS at http://www.wsu.edu/webpbs.

The new fair market value has been installed for the insurance premiums of domestic partners medical insurance.

If employees have any questions about their premiums, please contact Mike Olin at (509) 335-1278.

4.

Medical Flexible Savings Accounts

899 employees who took the opportunity during Open Enrollment to sign up for medical flexible savings accounts will see their reductions reflected in this paycheck.  Contributions to medical flexible accounts are not subject to federal income taxes, social security or medicare tax.

5.

Combined Fund Drive

We no longer receive a copy of our employees’ enrollment or pledge sheet.  The forms have been replaced with an electronic feed of enrollment data from the Department of Personnel in Olympia.  Payroll Services will no longer have any information about annual pledges or charities that employees have selected.   40 transactions were processed for this pay cycle.

6.

Dependent Care

Enrollments for 116 employees have been processed this payroll for new or renewed enrollments in Dependent Care (GTN 010).

7.

Fall Work Study Limits

Fall work study limits and balances will be removed after this payroll calculation so that Spring amounts can be applied.

8.

2010 W-2 Fast Facts

See the link under Hot Topics for everything you need to know about our 2010 W-2 Forms:  http://www.wsu.edu/payroll.

Please contact Alice Smethurst at (509) 335-1277 or alice@wsu.edu if there are any questions. 

   

 
 
Payroll Services, PO Box 641024, Washington State University, Pullman WA 99164-1024, 509-335-9575, Contact Us
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