Updates for Faculty & Staff

Human Resources Notice: Life Insurance Reminder

Nov 18 2013

Info

As part of its employee benefits package, NYIT provides life insurance to all full-time employees (please refer to the employee handbook or your collective bargaining agreement for specifics). IRS regulations require NYIT to add the cost of life insurance over $50,000 to an employee's taxable income. As in the past, this will take place in the first paycheck issued in December.

For information about the amount added to your taxable income or if you have any questions, contact Terri Katsch at tkatsch@nyit.edu, benefits associate, or Maureen Gaughran, associate director of human resources, at mgaughra@nyit.edu.

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