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Retiree Benefit Amount Change due to Federal Tax Rate changesRetiree Benefit Amount Change due to Federal Tax Rate changes

December 1, 2014

Please expect to see a change in net pay this January. Changes to federal tax rates may cause a change in retiree benefit amounts. There were no premium changes for calendar year 2014, but the IRS has changed their tax withholding amounts. This may affect those retirees who are currently receiving zero net warrants because of other withholding.

If you would like to keep getting the same net as you do currently, please file a W-4P with the DRB to change their tax withholding amount.

Find out how to locate your benefit statements online, using our Direct Deposit Online Application.

Page Last Modified: 05/11/22 11:38:34

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