Payroll Deduction
Monthly deduction
If you select monthly payroll deductions, payments are spread over 9 months starting with the October 1 payroll and ending June 1. If you purchase a permit after August 31, or return and repurchase a permit during the fiscal year, your monthly amount will be adjusted so the final deduction is collected by June 1.
Example
If you purchase a permit on November 14, there are 7 months of payroll remaining (December 1 through June 1). Your payments will be spread over 7 months instead of 9.
Pre-tax and post-tax options
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Pre-tax Deductions are taken before taxes are calculated, reducing your taxable income. |
Post-tax Deductions are taken after taxes have already been deducted from your paycheck. |
For more details on the differences between pre-tax and post-tax options, visit the ¶¶Òõ¶ÌÊÓƵ Payroll website (opens in new tab).
Refunds
Refunds are not issued to employees on the monthly payroll deduction option. When you return your permit, deductions stop based on the date of return:
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Returned the 1st through the 15th Deductions stop on your current month's paycheck. |
Returned the 16th through end of month Deductions stop on your next month's paycheck. |
The only time an employee on payroll deduction can receive a refund is if they paid in full via a one-time payroll deduction.
Outstanding balances
All outstanding parking balances must be paid in full before future payroll deductions can be stopped or a refund can be issued.
Separation from the university
If you are leaving ¶¶Òõ¶ÌÊÓƵ, you must return your parking permit. What happens next depends on when you return it:
Returned the 1st through the 15th
If all outstanding balances have been collected, future payroll deductions will stop.
Returned the 16th through end of month
A final deduction will be collected on your last paycheck to cover any outstanding balance.
Permit not returned
Payroll collections will remain active and no refund will be issued.