Employee parking permits for the 2021-22 academic year will be available for purchase starting on Monday, July 19, 2021 as communicated in the July 15, 2021 Daily Digest. Payroll deductions for employee parking permits will be made on a pre-tax basis, in conformity with Section 132(f) of the Internal Revenue Code and the corresponding IRS regulations. Pre-tax deductions serve to reduce the amount of federal income tax, state income tax, and FICA tax withheld from each paycheck.
No action is required for employees who authorize paying for their parking permit through payroll deduction, as these employees will be automatically enrolled in the University’s Pre-Tax Parking Plan.
Employees who choose not to participate in the University’s Pre-Tax Parking Plan must elect to opt out of the Plan by completing and submitting an on-line Parking Deduction Tax Designation Election Form.
Employees electing to opt out of the Pre-Tax Parking Plan may access the Parking Deduction Tax Designation Election Form at the following link:
For more information, contact: the Payroll Department at payroll@uconn.edu