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Employee and Benefits News
Summer Payroll Deductions for Student Employees
Department / Organization: Mines Administrative Processing Services
TIAA & Medicare will be deducted from paycheck if NOT Registered for Summer Courses - Notify MAPS by June 7, 2022
Student employees will see TIAA and Medicare deductions on their June 15, 2022 paycheck if they are not registered for enough credit hours to qualify for the half-time student status exception for future-retirement withholding mandated by the Federal government. If you are a student employee taking more than 3 credit hours (undergrads) or 1.5 credit hours (grads) for Summer please let us know no later than June 7, 2022 so that we can verify your enrollment and stop the TIAA and Medicare deductions.
Please note, these two additional deductions will take place through the end of your summer employment contract or your August 31, 2022 paycheck whichever comes first. If we are not notified of your summer enrollment by June 7th, your TIAA and Medicare deductions will be taken and we will not process any refunds for these deductions.