2026 One-Time Bonus Authorized by Chapter 7, 2026 Amendment to Acts of Assembly
June 16, 2026, One-Time Bonus FAQ:
Employee Eligibility
- Who is subject to the June 16, 2026 one-time bonus?
All full-time and quasi Classified or A/P Faculty employees, full-time Teaching Faculty, and Wage employees who were employed on or before February 25, 2026, and remained employed until at least May 25, 2026. - Who is NOT subject to the June 16, 2026 one-time bonus?
Employees who were hired or rehired after February 25, 2026, and employees who are not actively employed on May 25, 2026. Adjuncts, PD Adjuncts, and student employees are also not eligible. - When will I see the bonus in my paycheck?
For classified and A/P faculty employees, the bonus will be paid out in the June 16, 2026 paycheck.For wage employees, the bonus will be paid out in the June 26, 2026 paycheck.
For teaching faculty, the bonus will be paid out in the June 16, 2026 paycheck.
- Can all or part of the June 16, 2026 one-time bonus be deposited into Deferred
Compensation?A bonus can be deferred if an employee submits a one-time deferral form to the
HR/Payroll office by May 31, 2026.Note: Deferred compensation is subject to Social Security and Medicare taxes.
Federal Income Tax and State Income Tax may also apply.What is the process of contributing the bonus to a 403(b) Pre-tax Annuity
Plan?- Employees currently enrolled with a tax deferred annuity provider may contribute all or part of their bonus by completing the 403(b) Salary Reduction Agreement (SRA) form on or before May 21, 2026. Participants are responsible for ensuring any additional contribution does not cause their total calendar year 403(b) contributions to exceed IRS limits. The SRA Salary Reduction Agreement form (403(b) SRA Form), found on the UMW Payroll website, must be submitted to Payroll or HR by close of business on May 21, 2026. Employees not currently enrolled in a 403(b) annuity plan may contact Denise Frye, Benefits Manager, in the Human Resources Office to obtain information regarding plan vendors.
The SRA Salary Reduction Agreement form (403(b) SRA Form), found on the UMW Payroll website, must be submitted to Payroll or HR by close of business on
May 21, 2026.Employees not currently enrolled in a 403(b) annuity plan may contact Denise Frye, Benefits Manager, in the Human Resources Office to obtain information regarding plan vendors.
- How will the employee’s one-time bonus be calculated?
If an employee is employed 100% (40 hours per week for 12 months) the employee is eligible for a flat amount of $1,500. This includes Teaching Faculty and full-time A/P Faculty and Staff employees.
If the employee is employed for less than 100% and 12 months, the one-time bonus will be pro-rated based on the employee’s annual hours.
Wage employee bonuses will be calculated using the total hours worked in the year prior to February 25, 2026 (pay period dates February 24, 2025, through February 22, 2026). Those who worked a total of 100-500 hours will receive a $250 bonus, those who worked a total of 501-1,000 hours will receive a $500 bonus, and those who worked a total of 1,001-1,500 hours will receive a $750 bonus.