|Changes to the Payroll System for the July 2011 RG1 pay cycle:|
New Work Study Transfer Projects
The projects for Work Study transfer accounts have changed for the new fiscal year. They are:Federal Work Study (FWT) 7801 from 2011 to 2012
State Work Study (SWT) 7802 from 2011 to 2012
WFSE Representation Fee
Decrease the maximum monthly fee amount effective July 1, 2011 from $53.14 to $54.42. Also, the deduction rate goes from 1.04% to 1.07%. GTN 172 WFSE Rep.
State Share Changes
The monthly employer-paid contribution rate for benefit-eligible employees is staying at $850.00.
Change in WorkStudy Split
The work study split between department cost and work study program cost changes for all three types of work study programs (State, Federal and Institutional) from 30%/70% to 40%/60%. The department share, which appears on the PEARS, will increase from 30% to 40% of the Total Gross Paid.
New Rates Department of Retirement System:
New rates have been installed effective July 1 for these plans:
Please contact Payroll at (509) 335-1277 or firstname.lastname@example.org if there are any questions.