Pay Roll Deduction
All regular and contingent II faculty and staff employed at least 50% of
fulltime are eligible to participate in the payroll deduction process. The
payroll deduction program qualifies as a pretax benefit, which reduces the
amount of taxable income and the amount of Federal, MD State income tax, and
FICA withholdings (Social Security and Medicare). Your actual tax savings
will vary, depending primarily on the amount of the parking deduction and
your tax bracket.
Employees paid on an hourly basis, daily, or contractual are not eligible
to participate in the program. Those not eligible to participate in the payroll
deduction program must pay by cash, check or credit card. Under this
arrangement, parking will not be a pretax benefit.
Permits purchased through payroll deduction:
Parking Services will handle the purchase and distribution of permits for all
employees. Payroll deduction will automatically continue from year to year
unless terminated by the employee.
Anyone wishing to terminate their participation in the payroll
deduction program due to termination, payment in full for permit or a new
parking location, must submit a cancellation form available at Parking
Services and return the permit and gate card if applicable.
participants in the payroll deductions program must complete a payroll
deduction form and obtain their permit and gate card (if applicable) from
Payroll deduction forms will be accepted for new employees only within two
weeks of their hire date until February 21, 2012. New employees must provide
“Certification of Eligibility for Faculty/Staff UMBC Campus Card and Parking
Permit” which is available from Human Resources. Anyone purchasing a parking
permit after February 21, 2012 will be required to pay by cash, check, or
credit card only. For additional information regarding the parking payroll
deduction program, contact Parking Services at x52551.
in the payroll deduction program will have their permits automatically
renewed each year and sent to their department.
will not be issued on permits.
Separation Of Employment From UMBC:
Faculty/staff permits and/ or gate visor cards must be returned to Parking
Services upon separation of employment at UMBC. Employees who purchase permits through the
payroll deduction program must complete and sign a cancellation form
available at Parking Services.