Thursday, January 9, 2020

REMINDER: Benefit payroll deductions

FOR ALL STAFF WHO WORK 20+ HOURS PER WEEK
As a reminder:

The HR/Business departments have been reviewing the process for benefit payroll deductions. As employees may have experienced, there are times throughout the year such as summer break or school recess periods when payroll has had to increase your benefit deductions to cover your monthly benefit costs. This is a very cumbersome process with room for error and also negatively impacts net pay during these time frames. To minimize this, the HR/Business departments are now annualizing deductions for specific employee groups who receive less than 24 paychecks each year.

This change was implemented effective January 1, 2020. 

Teachers who elect to be paid over 10 months or were hired after the school began, will be on a 20 benefit deduction schedule. All support staff who work 10 months will have 16 benefit deduction schedule. Your benefit deduction schedule is determined by your primary employee group. Employees who are paid on a 12 month basis will not be affected by this change.

Click here to view the benefit payroll deduction schedule for 2020.  Again, this change only impacts when your benefit deductions take place. If you are an hourly employee, you will still be paid based on the payroll schedule for any hours worked.

Below is an example of how a health benefit deduction will be reflected in 2020. All other benefit deductions will be calculated using this same method.