UW Staff Senate
Merica Hall, Room 320
1000 E. University Ave.
Dept. 3413
Laramie, WY 82071
Phone: (307) 766-5300
Email: staffsen@uwyo.edu
All eligible UW employees received a 1% Retention Incentive Payment funded (RIP) by state appropriations and University of Wyoming funds in their October paycheck. Many employees have asked why this payment was taxed. The basic answer to this question is, all income is taxed by the federal government, and the RIP is no different. The RIP was added to employees’ October paychecks because, for the vast majority of individuals, this resulted in a lower tax burden than a separate payment would have.
For further details of the policy, click here.
UW Staff Senate
Merica Hall, Room 320
1000 E. University Ave.
Dept. 3413
Laramie, WY 82071
Phone: (307) 766-5300
Email: staffsen@uwyo.edu