Contact

Benefits

555 S. Howes Street, Second Floor
Fort Collins, CO 80523-6004

(970) 491-MyHR (6947)

Payroll Deductions

Current Employees

 

Voluntary
Deductions
Pre-Tax
Vs. Post-Tax
Levies &
Garnishments
State
Income Tax
Taxable
Fringe Benefits
Retirements
Plans
Mandatory Benefit
Deductions

 

 

Voluntary Deductions

All Employees

 

Benefit-Eligible Employees

The following insurance is provided at no cost to benefit eligible State Classified (SC), Faculty and Admin Professional (FAP), and Post Doctoral Staff (PD) as noted:

 

  • Long-Term Disability (FAP, PD)
  • Short-Term Disability (FAP, PD, SC)
  • Basic Life (FAP, PD, SC)

The following insurance is available to benefit eligible State Classified (SC), Faculty and Admin Professional (FAP), and Post Doctoral Staff (PD).

 

For insurance plan information, refer to the Benefits pages for State Classified or Faculty & Admin Professional.

 

  • Medical
  • Dental
  • Voluntary Life
  • Spouse Life
  • Child Life
  • Personal Accident
  • Long Term Disability (SC)

     

 

Coverage Dates

  • State Classified
    • The insurance plan year runs from July 1 to June 30
    • Premiums are paid in the current month (i.e., the deduction from July's earnings pays the premium for July's coverage).
    • Rate changes are effective for the deductions taken from July's pay.
  • Faculty, Admin Professional, Post-Doctoral Fellow
    • The insurance plan year runs from January 1 to December 31
    • Premiums are paid in the current month (i.e., the deduction from June earnings pays the premium for June's coverage).

Deductions - Pre-Tax vs. Post-Tax

 

Levies & Garnishments

 

State Income Tax

Unless there are specific rulings to define otherwise, employees are taxed by the state in which they work - not the state in which they live.

W-4 Tax Withholding

How do I update my W-4?

 

You can adjust the amount being withheld from your paycheck by changing your W-4 tax data through Employee Self-Service.

Note: The Federal W-4 information you enter will create a record for your Federal and State withholding for the following states.

 

  Arkansas Maine New York Utah  
  California Minnesota North Dakota Vermont  
  Colorado Montana Oklahoma West Virginia  
  Delaware Nebraska Oregon Wisconsin  
  Georgia New Jersey Rhode Island    
  Idaho New Mexico South Carolina

Employees who wish to designate a different State withholding allowance or amount (different than Federal withholding) are required to submit a separate W-4 Form and deliver it to the Payroll office.

 

Employees who work in states that are not listed above are required to complete the state specific W-4. The W-4 form should be submitted directly to Human Resources at 555. South Howes Street, 6004 Campus Delivery, Ft. Collins, CO 80523.

 

The following links may be helpful to determine if you need to submit a new Form W-4 online via AAR or at the Payroll office.

 

Check Your Tax Withholding

IRS Withholding Calculator

 

Taxable Fringe Benefits

Retirement plans

For retirement plan information, refer to the Retirement pages for State Classified or Faculty & Admin Professional.

Mandatory Retirement Savings

All CSU employees participate in a mandatory retirement plan.

  • Faculty & Admin Professional employees are mandated to participate in either the Colorado Public Employees Retirement Association (PERA) or the Defined Contribution Plan (DCP) through Fidelity, TIAA-CREF, or VALIC.
  • Classified employees are mandated to participate in the Colorado Public Employees Retirement Association (PERA).
  • Temporary hourly employees are mandated to participate in the Colorado Public Employees Retirement Association (PERA).
  • Student employees who do not qualify for Social Security exemption must participate in the Colorado Student Employee Retirement Plan (SERP). More information.
  • CSU employees do not contribute to Social Security. As a result, employees who qualify to receive Social Security benefits and who also receive retirement income from the university may see a reduction in their Social Security benefits. This is called the Windfall Elimination Provision. For more information:

PERA Contribution Rate History

  Employee Contribution Employer Contribution

PERA

pdf icon

8%

19.15%

DCP

8%

11.5%

SERP

7.5%

N/A

 

Voluntary Retirement Savings

401(k), 403(b), and 457 plans