University Human Resources & Payroll. End of the Fiscal Year. August 2012. Agenda. Fiscal Year End Deadlines Salary Planning Employee Overpayment and Underpayments Leave of Absence Bargaining Unit Employees How Data Drives Benefits Accuracy and Timeliness Permanent and Mailing Address
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End of the Fiscal Year
Important Warning:Processing an increase retroactively to the 9/15/12 pay period after that pay period has already closed, will impact salary continuation payments and may cause an overpayment or underpayment – so this is strongly not recommend
Review Prior to 9/1/12
Complete 9/5 – 9/17/12
When bargaining unit employees receive a 9/1 step increase in addition to the standard range adjustment
Joe receives a 9/1 step increase to step 15, with upload completed on 9/6/12.
Help us enhance the employee’s benefits experience!
Timelinesson entering new hires allows employees to elect their benefits within the 31 day window
Cobra packets are sent out approximately 2 weeks after terminations are processed in PeopleSoft
October 26 through November 15, 2012
Salary Planning Corrections
SU Summer Students (jcc 9154)
SU Summer Students using JCC 9154 that will be continuing their temporary assignments must revert back to the original JCC effective 10/1/12
New Earn codes effective 9/1/12