Frequently Asked Questions
How do I change my address?
- Active UNM employees can update their address through LoboWeb:
Log into MyUNM
Click on the "Enter LoboWeb" button
Click on Employee Tab
Click on Personal Information
Click on Addresses and Directory Information
Click on Demographic Information
Click on ‘Update’ to enter a new address - Former employees can update their address by emailing pay@unm.edu, make sure to include your full name, last 4 digits of social security number, old address, and new address.
How are Annual Leave and Sick Leave accrued?
- Annual Leave Accruals: Policy 3400, Section 4
- Temporary Increase to Maximum Annual Leave Accruals
- Sick Leave Accruals: Policy 3000, Section 9
Where do I serve a Writ of Garnishment for a UNM employee?
Please mail an endorsed copy to:
University Business Center
Attn: Payroll Department
1700 Lomas NE, Suite 3500
Albuquerque, NM 87131
How is my Temp Partime Contract calculated?
TPTs are paid based on the number of working days in each given month. The contract salary amount is also set up based on the number of working days (M-F Only) in each month. We use something called the contract calculator to determine how much should be paid each month. Here is the link to the contract calculator which can be found on the Office for Academic Personnel (OAP) website: https://oap.unm.edu/academic-administrators/salary-calculator/index.html
If I served jury duty what do I do with the payment I received for jury duty?
Policy 3415, Section 3.6
Employees can remit check/money order payable to ‘University of New Mexico’ and deliver/drop off to:
University Business Center
1700 Lomas Blvd. NE, Suite 3500
Albuquerque, NM 87106
How are overpayments handled?
How is "Overtime" paid?
Policy 3305, Section 4As a new employee can the Payroll Department provide us with a calculation of what our take home pay would be?
No. The Payroll Department does not calculate "take home pay". However, there are a few deductions that you can be sure of. They are as follows:
- Retirement 10.7% for salary of $20,000 and above, and 7.9% for salary below $20,000,
- FICA 6.2%; and MEDICARE 1.45%. These amounts are all based on the gross pay.
The payroll calculator is available to provide general guidance and estimates for your typical payroll amounts.
Social Security and Medicare tax for 2024:
- In 2024, the Social Security tax rate is 6.2% for both the employer and the employee.
- The 2024 Social Security wage base limit is $168,600.
- In 2024, the Medicare tax rate is 1.45% for both the employer and employee.
- There is not a Medicare wage base limit for Medicare taxes.
- Beginning in 2013, the IRS implemented an additional Medicare employee tax of 0.9% on individuals earning greater than $200,000 in the tax year. This additional amount is assessed on Medicare wages greater than $200,000.
Where are the tax withholding tables?
- Links to Federal and NM State withholding tables: Federal Withholding, NM State Withholding
I am a student employee or graduate student and FICA and Social Security Taxes are not being withheld is this correct?
- Student employees and graduate students are considered exempt from FICA and Social Security Taxes if enrolled in classes at least half time (6 credit hours) during the Fall and Spring semesters.
- During the summer semester, if student employees or graduate students are working but not taking classes they are required to pay FICA and Social Security Taxes.
- If during the summer a student employee or graduate student is taking classes at least half time (3 credits) and working they will not have to pay FICA and Social Security Taxes.
When I separate from UNM do I get paid out for my unused Annual Leave and Sick Leave?
- Payment for Unused Annual Leave: Policy 3400, Section 7
Annual leave payout is subject to the IRS supplemental federal income tax withholding of 22% and state withholding of 5.9%. - Payment for Accumulated Sick Leave: Policy 3410, Section 12
How do elective deductions vary when deciding between being paid over 10 months vs being paid over 12 month's as a 9 month faculty member?
If a 9 month faculty member chooses to be paid over 10 months then some elective deductions are taken over 10 months for 12 months of coverage. For those, double deductions are taken in May and August to cover June and July respectively. For a 9 month faculty member that chooses to be paid over 12 months their deductions are taken over 12 months as pay occurs over 12 months.
How does electing 10/10 vs 10/12 as a 9 month faculty member affect ERB/ARP contributions?
ERB/ARP is taken only in the months that work is being performed for eligible earnings on these positions.