Changes to the Payroll System for the January 2015 RG1 pay cycle:
- New State Minimum Wage
The State hourly minimum rate of pay for those age 16 and older has been increased from $9.32 to $9.47 effective January 1, 2015. The increase affects 1,9267 employees and 2,176 positions. For a history of minimum wages click here:
- New Medical Aid Rates
The Department of Labor and Industries has changed the rate of payroll deduction from .08255 to .08795 and changed the contribution rate from .20235 to .22695 effective January 1, 2015. The maximum monthly deduction for an employee who works 160 hours in the month has changed to $14.07.
New medical premiums have been updated to the Federal Health Plan Table.
Qualified Tuition Reductions
One-ninth the semester value for Qualified Tuition Reduction (QTR’s) has been processed this pay cycle. The full value is $5,272.00 divided by 9 = $585.78 per pay cycle. QTR’s cannot be charged to State funds. QTR’s are contributions paid by the department. The cost of the QTR is shown in the contributions portion of the QPREXP conversation in HEPPS/DEPPS Inquiry. 231 QTR’s were processed.
Graduate Health Insurance
One-ninth the semester value for Graduate Health Insurance (GTN 251) has been processed this pay cycle. Like QTR’s the contribution for Graduate Health is shown in the contributions portion of the QPREXP conversation of HEPPS/DEPPS Inquiry. The full value is $1,253.00 divided by 9 = $139.23 per pay cycle. Graduate Health contributions were processed for 1,620 graduate assistants on appointments of 50% or greater.
Spring Work Study Limits
The 2015 Spring Semester Work Study limits from Financial Aid have been updated in the Payroll System affecting 576 students.
- 2014 W-2 Forms
IT has completed the printing of the W-2 Forms and Mailing Services should have them in the mail the week of January 18th. The on-line version of the W-2 Form was made available January 16, 2015.
- Salary Increases
President Floyd has authorized a salary increase effective January 1, 2015. Faculty will be awarded a salary increase in accordance with the faculty manual. Instructors and graduate assistants will receive a 4% across-the-board increase and administrative professional (AP) employees will receive a 3% across-the-board increase.
Please contact Payroll at (509) 335-1277 or email@example.com if there are any questions.
- 2014 W-2 Forms