Centennial Celebration
65-2 #2 January 08, 2016

Retro & Salary Update

The N.Y. City Office of Labor Relations (OLR) notified the UFA that its implementation date for salary increases and retroactive pay will be your February 12, 2016 paycheck, for all 2010-16 Pay rate increases, including:

  • Base, Night Shift, CFR-D, Chauffeur & all types of OT
  • Retro pay for all Base, Night Shift, CFR-D, Chauffeur & all types of OT

Q: Can I increase my 457 deduction, in order to defer my taxable income?

A: Yes, Deferred Compensation Plan salary deduction adjustments must be made by January 12 to select a specific deferral percentage to have it impact the February 12th retro paycheck. (See the attached letter from NYC Deferred Compensation).

NYC Deferred Compensation can be accessed online at nyc.gov/deferredcomp or 212-306-7760 (press 1 for keytalk).

UFA retired members should expect the retro on/around Feb 12th.

Fraternally,

Stephen J. Cassidy
President

LeRoy C. McGinnis
Recording Secretary