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UW Staff Senate

Merica Hall, Room 320

1000 E. University Ave.

Dept. 3413

Laramie, WY 82071

Phone: (307) 766-5300

Email: staffsen@uwyo.edu

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Staff Senate

Points to Ponder:  Retention Incentive Payment and Taxation

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.

Contact Us

UW Staff Senate

Merica Hall, Room 320

1000 E. University Ave.

Dept. 3413

Laramie, WY 82071

Phone: (307) 766-5300

Email: staffsen@uwyo.edu

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Find us on Facebook (Link opens a new window)

1000 E. University Ave. Laramie, WY 82071
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