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Savings Bonds

The Savings Bond Plan is a voluntary plan that allows Commonwealth employees to authorize a post-tax deduction from their net pay to purchase U.S. Savings Bonds. Employees can purchase multiple bonds from a single deduction in the payroll system. The State Treasurer's Office issues Savings Bonds. Series EE appreciation type bonds with face values of $100, $200, $500 and $1,000 are currently available for purchase through the payroll system.

Savings Bond deductions are:

  • Available through an employee's payroll office;
  • Deducted in every biweekly pay period;
  • Available on a voluntary post-tax basis; and
  • Require EE Savings Bond Form.

Contact the Office of the State Treasurer Offsite link for more information or a campus payroll representative.


Related Links
U.S. Savings Bonds Offsite link

 

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