One-time payment to postdoctoral employees in recognition of inflationary pressures during the past year of their scholarship and research training at Cornell and reflects the support of the leadership at the colleges, departments, centers, and institutes that are the homes of their research projects.
Full-time and part-time postdoctoral researchers that have been on the payroll as of January 1, 2023 and continued employment at the time of distribution are eligible.
- Distributed in the March 31 semimonthly paycheck or the March 30 biweekly paycheck.
- Implemented on all fund sources.
- For less than full-time appointments, annualized full-time equivalent base pay reflects payment amount received (not annual base pay).
- Implemented centrally by EIB.
| Annualized Base Pay | Payment Amount |
|---|---|
|
Up to $49,999 |
$1,000 |
|
$50,000 to $59,999 |
$900 |
|
$60,000 to $69,999 |
$800 |
|
$70,000 to $79,999 |
$700 |
|
$80,000 to $89,999 |
$600 |
|
$90,000 to $99,999 |
$500 |
What if the employee is hired after the eligibility effective date?
Should an employee begin employment with Cornell after January 1, 2023, they will not receive the payment.
What if the employee’s pay changes after January 1, 2023?
The Payment Amount is based on the employee’s annualized base pay effective January 1, 2023.
What if the employee is not on the payroll at the time of distribution?
Should an employee terminate prior to March 31, 2023, effective date, they will not receive the payment.
What if the employee earns above $99,999?
Employees with an annualized base pay greater than $99,999 are not eligible for the one-time payment.
Do pay components in addition to base pay impact the payment amount?
No. Administrative supplements, allowances, bonuses, and additional payments are excluded from the payment calculation.
How will this payment be taxed?
The payment is categorized as a one-time payment discretionary bonus and will be charged the full fringe rate and CURP and Pension eligible. The amount of tax withheld will vary based on the tax withholding certificates (IRS Form W-4) that the employee has on file in Workday.
Additional Details regarding Tax Deferred Annuities
If individuals would like to adjust their TDA contribution for the same check as this one-time payment, please make the adjustment no later than March 22, 2023 for bi-weekly employees or March 24, 2023 for semi-monthly employees. Visit the TDA webpage under “How to Enroll and Change Contribution Allocations” for further instructions.