| Copies
of this circular will be printed |
No. 172 Human Resource Services Division |
| Date: | June 21, 2001 | ||
| To: | Ten- and Eleven- Month Principals | ||
| Subject: | Twelve-Paycheck Considerations | ||
| Department and/or Persons Concerned: | Ten- and Eleven-Month Principals | ||
| Due Date: | July 1, 2001 | ||
| Reference: | None | ||
| Action Requested: | Take corrective action for payroll deductions, if necessary. | ||
Brief Explanation: |
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| As
a result of the recent adoption of the new site administrator standardized
salary schedule, all 10- and 11-month site principals will be assigned to
a 219-day work year effective July 1, 2001, and will receive 12 equal
monthly paychecks beginning with the July 31, 2001 pay warrant.
If you are not currently receiving 12 equal paychecks, please be advised of the following important information:
Please review your current deductions and contributions carefully and take any necessary corrective action accordingly. Most deductions, except for wage garnishments and orders, can be adjusted to suit your budget and financial planning simply by submitting the changes on the appropriate card to payroll by July 1, 2001, in order to be effective on the July 31, 2001, pay warrant. Child/spousal support wage assignment may be adjusted by submitting a modification order to Fiscal Control. Important: If you are currently contributing the maximum
annual amount permitted to a 403(b) tax-sheltered annuity plan in ten
equal deductions, September through June, two additional deductions in the
same amount will exceed the maximum allowable contribution. You must
therefore take steps to re-calculate your monthly contribution and ensure
that your total deduction does not exceed the maximum amount you are
allowed to contribute based on your maximum allowance calculation for the
calendar year (January –December 2001). Submit a new salary reduction
agreement form to Fiscal Control no later than July 1 in order to
be effective on the July 31, 2001 pay warrant. Please contact Fiscal
Control at (619) 725-7670 to request the new form. |
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| Deberie L. Gomez Deputy Administrative Officer |
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APPROVED:![]() Henry E. Hurley Chief Administrative Officer DLG:lb Distribution: Lists D, E, and F |
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