Payment to those employees accepted will occur as follows:
- Their last full check for pay period January 12, 2011 through January 25, 2011 will be paid on February 2, 2011.
- Their last partial check (representing only 4 days, ending January 31, 2011) for pay period January 26, 2011 through February 8, 2011, with be paid on February 16, 2011.
- This pay period should include any overtime, shift, etc., due to the employee up through January 31, 2011. It will also include the lump sum severance payment of $15,000 plus the additional $200 per year for each year of service.
- The combined lump sum and years of service payment should be posted on the Exception Time Report (ETR) as a miscellaneous adjustment not subject to retirement (MISC ADJ NO-RET) using Bonus code 3 as an identifier.
- Employee paychecks, direct deposit advices and reports will reflect a description of VSP Payments
- Payments for unused annual leave should be processed only for pay period ending February 22, 2011, with a pay date of March 2, 2011.
Please Note:
Should your agency owe an employee a miscellaneous adjustment along with the VSP payment, use the ADDL BONUS $ field and the ADDL BONUS CODE field on the ETR for the VSP payment. Under no circumstance should the ADDL BONUS fields be used when there is no entry in the MISC ADJ NO-RET field. Payments posted incorrectly will be corrected by Central Payroll.
If you have questions concerning this memo please contact Dhiren Shah or Carol Soutar at 410-260-7401. |
